Senator Elizabeth Warren (D-MA) defended self-described Democratic socialist Zohran Mamdani during a CNBC appearance on Monday, claiming that raising taxes on the rich was the best way to make New York City “vibrant” and “workable” again.
Warren got into a heated exchange with “Squawk on the Street” host David Faber over Mamdani, New York City’s Democratic mayoral nominee, and his plan to make things in the city more “affordable” for the working class by heaping additional taxes on the wealthy and businesses.
“What Zohran is saying is, ‘I want people to be able to afford to live in New York City.’ That’s what keeps it a vibrant city,” Warren insisted.
“Nobody disagrees with that, Senator. But raising taxes in order to do it? Why is that the answer?” Faber wanted to know.
Warren did not defend the plan to raise taxes, but instead asked, “Oh dear, are you worried that billionaires are going to go hungry?”
“No, I’m worried that they’re going to leave and spend their money elsewhere,” Faber pointed out.
Warren protested, claiming that people had threatened to leave over higher taxes, but made it clear that she didn’t believe they were likely to follow through on those threats.
“They’ve threatened to do that over and over—” she said
“And they have! And Goldman Sachs, when they create new jobs, they do it in Dallas. And Blackstone won’t build a new headquarters [in New York City]. I could go on and on,” Faber replied.
One day later — after Warren campaigned alongside Mamdani in New York and claimed he was exactly what the Democratic Party should look like — The New York Post responded with a brutal, front-page skewering of the pair.
“Today’s cover: Far left Sen. Warren gushes over NYC mayoral candidate Zohran Mamdani — as other high-profile Dems stay silent,” the outlet’s post on X read. The headline, along with a front-page blurb, alluded to dishonest claims made in the past by both politicians.
“AFRICAN AMERICAN MEETS NATIVE AMERICAN,” the headline blared in all capital letters, followed by, “Mamdani and Warren in liars’ summit.”
Another blurb on the front page added insult to injury: “Most national Democrats have refused to endorse socialist Zohran Mamdani, but he does have one ally — Elizabeth Warren, who appeared by his side yesterday. The two share the belief that bigger government is the answer to everything — and that lying about your ethnicity on your college application is perfectly fine.”
