New York City Mayor Zohran Mamdani on Wednesday announced he was appointing Lina Khan, a leading champion of enforcing US antitrust laws, to serve as chair of the city’s Economic Development Corporation.

In prepared remarks, Khan—the former chair of the Federal Trade Commission—said she looked forward to working with Tony Shorris, the former executive director of the Port Authority of New York and New Jersey who was appointed by Mamdani as the EDC’s new president.

The former Biden administration official also gave an overview of what she hoped to achieve at the EDC.

“EDC has key tools to drive projects that grow our economy, create good jobs, promote entrepreneurship, and make life more affordable for New Yorkers,” she said. “EDC has enormous capacity to make life materially better for New Yorkers—and to ensure that public resources are helping build state capacity.”

A Wednesday report from Gothamist noted that Khan’s appointment as chair “amounts to a shakeup for the agency, which has been criticized over the years for being too cozy with business interests,” while noting that Shorris’ appointment as president “was seen by some as a nod to the business community.”

During a news conference announcing the appointments of Khan and Shorris, Mamdani emphasized that “economic development and economic justice must go hand in hand,” adding that “this is no radical concept.”


From Common Dreams via This RSS Feed.