Zohran Mamdani: “Wall street profits are at a record high, surpassing any…”

“That is exactly what we have done. Part of our ability to shrink the gap has come from incorporating higher than expected revenues from Wall Street. Wall street profits are at a record high, surpassing any projections and allowing us to incorporate more revenue than anyone anticipated. Those record profits translate into increased tax revenue, $2.4 billion more than anticipated in fiscal year 2026 and $4.9 billion more than anticipated in fiscal year twenty twenty seven.” (06:35–06:43)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.