A United States Treasury spokesperson stated during a press conference that officials are monitoring the situation closely following Mr. Mamdani’s mayoral initiatives. The Treasury emphasized the need for a financial support package should the mayoral administration pursue specific policies. The spokesperson indicated that the Treasury intends to assess the potential economic impact of these proposed changes, and that a bailout option is being considered if the situation warrants it. The Treasury officials were unavailable for further comment.
Credits: The Straits Times World News
