In a move that could have significant implications for the city's economic landscape, New York City Mayor Zohran Mamdani has tapped a high-profile figure to lead the New York City Economic Development Corporation. Former Federal Trade Commission Chair Lina Khan has been named as the board chair of the organization, a position that will give her a key role in shaping the city's economic development policies. Khan's appointment comes at a time when the city is seeking to revitalize its economy and address issues such as gentrification, affordable housing, and small business growth. With her background in antitrust law and her experience as an advocate for consumer protection, Khan is expected to bring a fresh perspective to the organization's mission and priorities.
New York City Mayor Zohran Mamdani's administration named former Federal Trade Commission Chair Lina Khan on Wednesday as board chair of the New York City Economic Development Corporation.