Kathy Wylde back in middle of Wall Street’s tense talks with NYC’s left-leaning pols

Kathy Wylde finds herself once again caught between Wall Street and New York’s left-leaning politicians, leading to some awkward situations.

The former head of the Partnership for New York City, the city’s largest business advocacy group, has been quietly pushing Mayor Mamdani to mend relationships with city business leaders, according to On The Money.

Wylde’s main concern is the ongoing friction between the mayor and the business community. While she believes that the city will remain a global commercial powerhouse regardless of who is mayor, she is worried that the mayor’s socialist agenda could drive away major taxpayers and further harm the economy.

Mamdani’s recent video outside billionaire Ken Griffin’s penthouse, where he declared “We’re taxing the rich,” has raised concerns among business leaders. Wylde has been advocating for meetings between the mayor and business leaders to address their concerns and foster collaboration.

Although Wylde clarifies that her involvement is unofficial, she has been in touch with the mayor and his team, even after retiring. She played a role in introducing Mamdani to the business community during her tenure at the Partnership.

While some in the new leadership of the Partnership feel uneasy about Wylde’s involvement, others believe that Mamdani is capable of handling the outreach to business leaders on his own.

The tensions between the mayor and business leaders escalated after the Griffin video, with many expressing their concerns privately. However, public statements from business leaders have been more conciliatory, possibly indicating a strategic approach to maintaining relationships.