City Council Speaker Julie Menin has emphasized that local authorities are not seeking to hinder technological or business innovation, clarifying the intent behind recent regulatory discussions. The statement comes amid growing debates over how emerging industries should be governed without impeding progress. Officials appear focused on balancing oversight with fostering growth, though specifics on proposed policies remain under review. Business leaders and innovators may be watching closely to see how these discussions unfold.
We obviously are not in any way looking to stifle innovation,” City Council Speaker Julie Menin told Fortune.