News for June 24, 2026

Zohran Mamdani’s recent election wins in New York show his growing power in the Democratic Party and raise new concerns for business leaders about taxes, regulation, and the party’s direction.

Zohran Mamdani’s endorsements helped progressive candidates win key New York City Democratic primaries, including upset victories over two incumbents.

Treasury Secretary Scott Bessent used a CNBC interview to link Mayor Zohran Mamdani’s rise to the Democratic Party’s direction and to promote a new plan to help more Americans invest in stocks.

Pimco says President Donald Trump’s threats to pull the U.S. out of NATO are mostly bluster, because a 2024 law blocks him from leaving the alliance on his own.

David Rubenstein argued that America’s next phase should value volunteerism and “real people, real places” more than the old tech-bro image of success.

Bill Gates told Congress he believed Jeffrey Epstein may have considered blackmailing him over Gates’s past affairs.

Bill Gates told Congress that Jeffrey Epstein drew him in by claiming to have billionaire contacts who could help raise huge sums for global health, but Gates later regretted the meetings.