Business

Citadel's Move in Miami Sparks NYC Mayor’s Retort

Updated 2026-05-06 13:45 UTC 1 source Negative

Citadel is expanding its operations in Miami, citing the 'poor taste' of New York City Mayor Mamdani's tax video. Mamdani responded that his city's tax system rewards extreme wealth at the expense of working people.

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CNBC

Ken Griffin: Citadel expanding in Miami in response to NYC Mayor Mamdani's 'poor taste' tax video

Mamdani's office said in response to Griffin, "our tax system is fundamentally broken. It rewards extreme wealth while working people are pushed to the brink."

2026-05-06 13:41 UTC