Politics1/19/2026•Bloomberg

Trump Says Mamdani Facing ‘Big Test’ From NYSE’s Texas Trading Outpost

Trump Says Mamdani Facing ‘Big Test’ From NYSE’s Texas Trading Outpost

The article discusses President Donald Trump's comments regarding the New York Stock Exchange's (NYSE) decision to open an equities trading outpost in Texas. Trump has described this move as an "UNBELIEVABLY BAD THING" for New York City and a "big test" for the newly elected mayor, Zohran Mamdani. The article suggests that Trump sees the NYSE's decision to expand its operations to Texas as a threat to New York City's financial dominance. He believes that this move will have a negative impact on the city and poses a significant challenge for the new mayor, who took office earlier this month. The article does not provide any further details or context regarding the specific reasons behind Trump's concerns or the potential implications of the NYSE's decision. It simply presents his critical comments without delving into the broader economic or political factors at play.

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