NYC Mayor Appoints Lina Khan as Key Economic Leader Amid Antitrust Scrutiny
New York City Mayor Zohran Mamdani has appointed former Federal Trade Commission Chair Lina Khan to lead the city's Economic Development Corporation (EDC). Known for her aggressive antitrust enforcement against companies like Amazon and Meta, Khan will play a central role in shaping New York’s economic strategy. The EDC is responsible for managing city assets, financing development projects, and attracting businesses. Khan previously led the FTC from 2021 to 2025 and spearheaded major antitrust cases against tech giants. Her appointment has reignited political debate over Mamdani's approach to business relations in New York City. While some corporate critics view her as overly aggressive, others have praised her regulatory efforts. The move signals a potential shift toward more stringent economic oversight under the new administration and could influence how major corporations operate within the city.