In a significant political development, US Treasury Secretary Scott Bessent has declared New York City Mayor-elect Zohran Mamdani as the new leader of the Democratic Party, following his historic Oval Office meeting with President Donald Trump on Tuesday, November 25.
Bessent Praises Mamdani's Political Ascendancy
Speaking exclusively to CNBC, Bessent expressed admiration for Mamdani's campaign strategy and his rising influence within Democratic circles. "I was in the room, and I think that you've got to have some admiration for a candidate who ran a campaign the way he did. It was a great, great campaign," Bessent remarked during the interview.
The Treasury Secretary emphasized the significance of Mamdani's political standing, stating "He is clearly the leader of the Democratic Party now." Bessent also highlighted the symbolic importance of the Oval Office invitation, noting that it demonstrates President Trump's open-minded approach to engaging with political opponents.
Mixed Support from New York Democrats
The path to leadership hasn't been without its challenges, as Bessent pointed out the divided support among prominent New York Democrats. While House Minority Leader Hakeem Jeffries and Governor Kathy Hochul endorsed Mamdani's candidacy, Senate Minority Leader Chuck Schumer notably withheld his support.
"Senator Schumer never endorsed him. I don't even know if he's met with him," Bessent revealed, underscoring the complex political dynamics within the Democratic establishment.
Trump's Congratulations and Shared Priorities
President Trump himself offered generous praise for the mayor-elect, emphasizing their shared commitment to New York City's prosperity. "We have one thing in common. We want this city of ours that we love to do very well," Trump stated, acknowledging Mamdani's impressive electoral victory against formidable opponents.
The President highlighted specific policy areas where they found common ground, particularly housing development and food price stabilization. Their discussion focused on practical solutions to these pressing urban challenges that affect millions of New York residents.
Governing Challenges Ahead
Despite the celebratory tone surrounding the meeting, Bessent sounded a note of caution about the transition from campaigning to actual governance. He identified several critical areas where Mamdani will face immediate tests, including public safety, sanitation services, and reliable subway operations.
"It's easy to run a campaign, but the practical everyday of keeping people safe, picking up the trash, making the subways run on time, we'll see," Bessent observed, pointing to the complex reality of municipal management that awaits the new mayor.
The meeting between Trump and Mamdani represents a rare moment of bipartisan recognition, signaling potential new political alignments as the country prepares for future electoral contests and urban policy initiatives.
