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The Latest Breaking News from Kathy Hochul

Zohran Mamdani Closed New York's $12 Billion Deficit — But Not the Way He Promised

Zohran Mamdani says New York has closed a $12 billion deficit, but the deal relies on state aid, temporary fixes, and dropped tax plans, raising doubts about long-term stability.

International Business Times UK

Mamdani 'Balanced' New York City's Budget—With a Bailout From Albany

The mayor eliminated a $12 billion deficit with an infusion of cash from the state government, as well as by putting off some of today's obligations for tomorrow.

Reason

New York announces World Cup shuttle bus price reduction ahead of England match

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The Independent UK

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Price of World Cup shuttle bus in New York slashed following fan backlash

The journey to the MetLife stadium in New Jersey from New York City has been reduced to 20 dollars for fans.

Evening Standard

World Cup shuttle bus prices in New York slashed after fan backlash

The price for the journey to MetLife stadium in New Jersey from New York City has been reduced following criticism from fans

The Independent UK

New York state Gov honours Indian chef Vikas Khanna for his culinary contributions

Chef Vikas Khanna made history as the first Indian to receive a Special Citation from New York State Governor Kathy Hochul. The honor recognizes his significant artistic and culinary achievements during Asian American and Pacific Islander Heritage Month. Khanna expressed deep emotion, highlighting the recognition as a symbol of hope…

The Economic Times

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich

The Independent UK

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Tom Homan makes New York ICE threat after clashing with Governor Kathy Hochul

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The Independent UK

Trump’s border czar threatens to flood New York with ICE: ‘More agents than you’ve ever seen before’

Tom Homan hits back at Gov. Kathy Hochul, saying he is ‘not asking’ her permission to the enter the state and hitting out at sanctuary legislation designed to increase protections for residents

The Independent UK

Ken Griffin says Zohran Mamdani video shocked him: 'It took a moment to digest what I was watching'

Citadel's CEO says the mayor's stunt put him "in harm's way" — and Mamdani making him a "political puppet" was just "in poor taste, really poor taste."

Fortune

Seattle's Socialist Mayor Laughs at Wealthy Residents Leaving To Escape High Taxes

“Bye!” Mayor Katie Wilson says with a wave to those who want out.

Reason

Where is Renee Good’s killer? AOC outraged by ICE agent’s reinstatement

New York Gov. Kathy Hochul also wants to know if Jonathan Ross is working in their state

The Independent UK

Illinois Bars State Workers From Insider Bets on Prediction Markets and Limits Use of AI

Illinois Gov. JB Pritzker has moved to restrict two fast-growing technologies inside state government, signing an executive order barring state employees from using nonpublic information to bet on prediction markets while state agencies implement rules requiring oversight, disclosure, and human review for artificial intelligence systems.

Latin Times

What to know about the fight over whether New York should lose $74M for not revoking immigrant CDLs

New York filed a lawsuit Friday to challenge the federal Transportation Department’s decision to withhold nearly $74 million in highway money because the state refused to revoke nearly 33,000 questionable commercial driver’s licenses for immigrants since an audit uncovered problems last year

The Independent UK

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The Mary Sue

Trump has a meltdown after NYC slaps a new tax on empty penthouses owned by billionaires like his buddies

New York City just dropped a new tax on empty luxury penthouses, and the backlash is already getting loud. The proposed pied-à-terre tax targets second homes worth over $5 million, and it’s expected to pull in $500 million a year from about 13,000 properties. The goal? Fund child care, housing,…

The Independent UK

Trump used a secret meeting to push getting his name added on iconic NYC landmark: report

The development comes months after the president reportedly offered to release billions of dollars in infrastructure funding in exchange for renaming the station

Latin Times

Trump Turns on NYC Mayor Zohran Mamdani After Months of Cooperation

President Donald Trump has escalated his rhetoric against New York City Mayor Zohran Mamdani, marking a sharp turn in a relationship that, until recently, had been defined by unlikely cooperation between two ideological opposites

International Business Times UK

Trump Wants His Name on Penn Station — Secret Meeting With MSG Boss James Dolan Revealed

President Trump aims to rename Penn Station in his honor, facing resistance from local officials and logistical challenges. Discussions with Madison Square Garden's CEO are ongoing amid federal involvement.

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International Business Times UK

'We're Taxing The Rich': NYC's $500M Pied-à-Terre Tax Targets Ultra-Wealthy — Panama Beckons

NYC Mayor Mamdani and Gov. Hochul unveiled a $500M pied-à-terre tax targeting 13,000 luxury second homes valued over $5M.

The Mary Sue

Zohran Mamdani’s biggest promise finally happened, and things are about to get really interesting

Zohran Mamdani just scored his biggest policy win yet and New York City’s ultrawealthy are about to feel the pinch. Governor Kathy Hochul and the socialist mayor have teamed up to push a pied-à-terre tax on second homes worth over $5 million, a move that could haul in more than…

The Independent UK

‘Surprised’ Fifa hits back at New Jersey governor’s complaints over spiralling World Cup transport costs

The game’s governing body has moved to play down complaints from local politicians justifying a huge price hike in public transport for fans to host city stadiums

International Business Times UK

What Is Pied-à-Terre Tax? Hochul, Mamdani Target Ultra-Wealthy Second Homes to Close NYC Budget Gap Quickly

New York Governor Kathy Hochul's proposed pied-à-terre tax targets luxury second homes in NYC valued at $5 million+ to raise $500 million annually and close the budget gap, without affecting working residents.

The Independent UK

NY Gov. Kathy Hochul proposes a wealth tax on pied-à-terres in major u-turn

NYC mayor, who has consistently pushed for a more extensive tax increase on the wealthy, hailed the proposal as a victory

The Independent UK

New York governor pitches a new tax on pricey pied-à-terres

For months, New York Gov_ Kathy Hochul has resisted calls to increase taxes on the wealthy, beating back progressives who have hounded her from Manhattan to San Juan bellowing chants of “tax the rich.”

The Independent UK

As energy costs rise, some states back off ambitious climate goals

New York launched ambitious goals to cut its long-term greenhouse gas emissions with clarion calls about saving the future

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