NYC Mayor Mamdani Appoints Antitrust Advocate Lina Khan to Lead Economic Development Corporation

New York City Mayor Zohran Mamdani has appointed former Federal Trade Commission Chair Lina Khan to lead the board of the city's Economic Development Corporation (EDC). Khan, known for her aggressive antitrust actions against Amazon, Meta, and Microsoft during the Biden administration, will oversee the agency responsible for managing city assets and attracting business. The appointment signals a potential regulatory shift that has drawn attention from Wall Street and renewed debate over Mamdani's relationship with the business community. Anthony Shorris, a former deputy mayor, will serve as president and CEO alongside Khan. Khan stated she aims to make New York's economy more affordable, efficient, and resilient.

First published Aug 4, 01:55 PM UTCUpdated Jul 24, 10:01 PM UTC1 reports · 1 sources

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Opened from WirecurrentJul 24, 10:01 PM UTC

NYC Mayor Mamdani Appoints Antitrust Advocate Lina Khan to Lead Economic Development Corporation

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NYC Mayor Mamdani Appoints Antitrust Advocate Lina Khan to Lead Economic Development CorporationYahoo FinanceWesternJul 24, 10:01 PM UTC

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Zohran Mamdani Federal Trade Commission JD Vance New York City