Connecticut’s Lamont Concerned Mamdani May Dull NY Finance Edge

Oct. 7, 2025, 3:11 PM UTC

Connecticut Governor Ned Lamont said he’s a “little bit” worried about the potential impact on his state should fellow Democrat Zohran Mamdani win the mayor’s race in New York City and follow through on his agenda.

Lamont acknowledged concerns from the finance industry about Mamdani in an interview with Bloomberg Television at the Greenwich Economic Forum. Connecticut serves as a hub to the hedge fund industry and is home to many commuters.

Connecticut Governor Ned Lamont
Photographer: Jeenah Moon/Bloomberg

“New York City is the financial capital of the world — and we’re a big piece of it here,” Lamont said. “I want to make sure that ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.