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Zohran Mamdani Sworn In as NYC Mayor Amid “Tax the Rich” Chants

Mandatory Credit: Photo by AMIR HAMJA/POOL/EPA/Shutterstock (16219820g) Zohran Mamdani swears in as mayor of New York City at the old City Hall Station in New York, USA, 01 January 2026. Zohran Mamdani becomes mayor of New York City, USA - 01 Jan 2026

UPDATE: A wave of excitement and chants of “tax the rich” resonated through Lower Manhattan as Bernie Sanders swore in Zohran Mamdani as the new mayor of New York City just after midnight on December 31, 2023. This ceremony marks a significant shift in the city’s political landscape, with Mamdani stepping into office at just 34 years old.

Sanders, a prominent figure in the progressive movement, delivered a passionate speech outside City Hall, condemning the growing “hatred and divisiveness” in the country. “Thank you for electing Zohran Mamdani as your mayor,” he proclaimed, emphasizing that Mamdani’s agenda—including free public transit and taxing the wealthy—is not “radical.” This statement sparked an enthusiastic chant among supporters, underscoring the urgency of his message.

After taking the ceremonial oath, Mamdani assured the crowd of his plans to govern “expansively and audaciously.” He boldly declared that New York would no longer be a city solely for the “wealthy and well connected.” The atmosphere grew electric as attendees booed at the mention of his predecessor, Eric Adams, signaling a clear desire for change.

Mamdani’s ambitious agenda includes a staggering $10 billion proposal aimed at funding universal childcare, free public transportation, and rent freezes. His vision relies heavily on taxing the rich and raising corporate taxes for businesses operating in New York. However, he will need the support of state officials, including Gov. Kathy Hochul, who has shown openness to increasing corporate taxes for childcare initiatives.

The transition ceremony featured an array of speakers, including Alexandria Ocasio-Cortez, who heralded the event as a “new era” for New York City. “New York, we have chosen courage over fear. We have chosen prosperity for the many over spoils for the few,” she told the crowd, adding emotional weight to the moment.

Despite the enthusiasm, challenges lie ahead for the new administration. The MTA has already expressed skepticism regarding Mamdani’s proposal for free public transit, labeling it as “half-baked” and emphasizing the need for thorough study before implementation. Additionally, Mamdani must address staffing shortages in critical agencies like the NYPD and FDNY, as well as ongoing struggles within the city’s massive school system.

The ceremonial transition has been meticulously planned, culminating in a mass “block party” expected to shut down Broadway south of Canal Street, an area famously known as the Canyon of Heroes. This vibrant celebration underscores the significance of Mamdani’s leadership as he embarks on a journey to reshape New York City.

As the new year unfolds, all eyes will be on Mamdani and his administration. Will he successfully implement his vision, or will the challenges prove insurmountable? Stay tuned for more updates on this rapidly evolving story.

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