Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Andrew Cuomo’s loss is Eric Adams’ gain.

Just days ago, the New York City mayor faced steep reelection odds. His job-approval ratings had plunged to record lows after a federal corruption indictment. Support among Democrats fell even further when the Trump administration dropped the charges, raising questions about Adams’ indebtedness to the White House.But Adams, who dropped out of the campaign as a Democrat to run as an independent, is suddenly looking less toxic to a class of moderate voters. 

The reason: The surprise ascendancy of democratic socialist Zohran Mamdani, a 33-year-old state assemblyman who crushed Cuomo in Tuesday’s primary election to become the all-but-certain Democratic nominee.

Now Cuomo’s backers — many of them opposed to Mamdani’s populist platform of taxing the wealthy and raising corporate levies — are discussing whether to pivot their support to Adams, according to people familiar with the matter. Those same donors are encouraging the former governor, who considered a run as an independent, to drop out of the race entirely to avoid being a spoiler, said the people, who asked not to be named discussing private conversations.

Today's show features:
Bloomberg News New York politics reporter Laura Nahmias on Mayor Eric Adams relaunching his campaign following Zohran Mamdani's stunning primary performance
Marc Morial, president and CEO at The National Urban League on Trump's tax bill and latest in Democratic politics
Bloomberg Intelligence senior defense analyst Wayne Sanders on the latest intel on Iran, difficulty of a damage assessment
Bloomberg Intelligence senior analyst for e-commerce, athleisure, off-price retail Poonam Gooyal on Nike earnings

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Andrew Cuomo&rsquo;s loss is Eric Adams&rsquo; gain. Just days ago, the New York City mayor faced steep reelection odds. His job-approval ratings had plunged to record lows after a federal corruption indictment. Support among Democrats fell even further when the Trump administration dropped the charges, raising questions about Adams&rsquo; indebtedness to the White House.But Adams, who dropped out of the campaign as a Democrat to run as an independent, is suddenly looking less toxic to a class of moderate voters. The reason: The surprise ascendancy of democratic socialist Zohran Mamdani, a 33-year-old state assemblyman who crushed Cuomo in Tuesday&rsquo;s primary election to become the all-but-certain Democratic nominee. Now Cuomo&rsquo;s backers &mdash; many of them opposed to Mamdani&rsquo;s populist platform of taxing the wealthy and raising corporate levies &mdash; are discussing whether to pivot their support to Adams, according to people familiar with the matter. Those same donors are encouraging the former governor, who considered a run as an independent, to drop out of the race entirely to avoid being a spoiler, said the people, who asked not to be named discussing private conversations. Today's show features:
<ul>
<li>Bloomberg News New York politics reporter Laura Nahmias on Mayor Eric Adams relaunching his campaign following Zohran Mamdani's stunning primary performance</li>
<li>Marc Morial, president and CEO at The National Urban League on Trump's tax bill and latest in Democratic politics</li>
<li>Bloomberg Intelligence senior defense analyst Wayne Sanders on the latest intel on Iran, difficulty of a damage assessment</li>
<li>Bloomberg Intelligence senior analyst for e-commerce, athleisure, off-price retail Poonam Gooyal on Nike earnings</li>
</ul>

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

NYC Mayor Adams Plots Comeback Off Of Mamdani's Win

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/32c689a2-1c44-4579-9bc1-b3080172509d/transcript

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