"The move followed weeks of speculation he might clear the way for former Gov. Andrew Cuomo in a contest where Democratic nominee Zohran Mamdani, a democratic socialist, has gained momentum. NEW POLL REVEALS MAMDANI STILL HOLDS COMMANDING DOUBLE-DIGIT LEAD OVER RIVALS IN NYC MAYORAL RACE Adams has also trailed both Mamdani and Cuomo significantly in campaign fundraising and spending. Mamdani and Cuomo's campaign did not immediately respond to Fox News Digital's request for comment."
"The Trump administration has slammed Mamdani's economic agenda, casting it as a threat to business and growth. Mamdani has placed affordability at the center of his campaign to lead America's largest city, pitching ideas such as free buses, city-owned grocery stores, and rent freezes for tenants in rent-stabilized apartments. Those proposals have energized progressive voters but rattled Wall Street, where executives warn they could drive investment out of New York and weaken the city's tax base."
Eric Adams suspended his re-election campaign and withdrew from New York City's mayoral race. The exit followed speculation he might make way for former Gov. Andrew Cuomo as Democratic nominee Zohran Mamdani, a 33-year-old democratic socialist, surged. A new poll shows Mamdani holding a commanding double-digit lead while Adams lagged in fundraising and spending. Mamdani centers his campaign on affordability with proposals such as free buses, city-owned grocery stores, and rent freezes for rent-stabilized tenants. Progressive voters have been energized while Wall Street and federal officials warned such policies could deter investment and jeopardize federal support.
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