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New York Mayor Appoints Former FTC Chair Lina Khan to Lead Economic Development

New York City Mayor Zohran Mamdani has appointed Lina Khan as the new chair of the New York City Economic Development Corporation (NYCEDC). Khan previously served as chair of the Federal Trade Commission (FTC), where she became known for her aggressive antitrust actions against major technology companies. The appointment, announced on [insert date if available, but omit if not], came as a surprise to many observers and is seen as the latest sign of the city government moving leftward under Mamdani. The NYCEDC is a nonprofit organization that works to promote economic growth and job creation across the five boroughs. As chair, Khan will oversee the board and help guide the agency's strategy. Her tenure at the FTC was marked by efforts to block mergers and regulate Big Tech, drawing both praise from progressives and criticism from business groups. Mayor Mamdani has not yet commented on the appointment beyond the official announcement. The move signals a continued focus on antitrust enforcement and corporate oversight in the city's economic development agenda.

Sources: Deadline
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