Posted on 01/05/2026 4:10:26 AM PST by DFG
The mayor of Dallas said he’s ready to welcome a “flood” of Wall Street firms if Zohran Mamdani follows through on his socialist agenda — and even claimed that Texas could overtake New York as the nation’s top financial hub.
In an exclusive sitdown interview with The Post, Dallas Mayor Eric Johnson said Mamdani’s socialist agenda for the Big Apple — including vows to hike taxes on the rich and expand government control over prices for housing, groceries, and childcare — could accelerate defections of big financial firms from the city.
The 50-year-old Republican, who majored in history as an undergraduate at Harvard, likewise floated the possibility that Wall Street is at risk of being toppled from its perch as America’s premier financial center — likening it to Venice, Italy losing its edge as Europe’s premier trading hub centuries ago.
“It’s not inconceivable at all that within a certain number of years, people look back and go, ‘Do you remember back when New York was the financial capital of the United States? Isn’t that weird?'” Johnson told The Post.
The Dallas native has worked closely with Texas Gov. Greg Abbott to offer “economic incentive deals” — a mix of generous tax breaks and grants — to attract the likes of JPMorgan Chase, Goldman Sachs, Wells Fargo and Canadian giant Scotia Bank to the fast-growing Texas destination long known as “Big D”.
The strategy appears to be working. JPMorgan — led by legendary Wall Street titan Jamie Dimon — already employs more people in the Lone Star State than in New York.
Dallas is now the second-largest financial services hub in the US, having added over 100,000 finance jobs in the past decade — and Johnson expects the pace to accelerate.
(Excerpt) Read more at nypost.com ...
https://www.txse.com/
https://texascapitalbank.com/insights/yall-street-history-and-future-texas-finance
'Y'all Street' is booming: What financial giants like Goldman Sachs and Bank of America are building in Texas
https://www.businessinsider.com/big-finance-banks-texas-2025-9
https://dallasexpress.com/business-markets/wall-street-moving-to-yall-street/
Could we move the UN to Lubbock? Enough land to build some barracks. There is an international airport there already. Let Mamdani have the UN building for ‘collective’ housing just to let the communist countries feel like they helped.
“Could we move the UN to Lubbock?”
Why lower the property rates? Besides, that would ruin the neighborhood with the political idiots they have in that group.
wy69
Goldman comes to Y’all Street in Dallas? Goldman is perennially one of the largest corporate contributors annually to the Democrat Party which means the Texas Dem Party may be getting a windfall. Don’t expect to see a lot of Jesus is my Savior bumper stickers on their Mercedes’. You sure you guys want ‘em. For me, they’re a hard no.
https://www.nyse.com/markets/nyse-texas
Do you know how NY Jews voted in the mayoral election?
Give you a hint: it was the only non-Mandami demographic.
Too close to my ranch. No!
Wrong. Wall Street has the biggest whores and pimps on the planet. They already own the Ugandan.
“how NY Jews voted in the mayoral election?”
They have been voting for Sen. Scummer and his ilk for years. No sympathy.
don’t worry, I’m sure the next time our side points out how insanely antisemitic any visible, leftist politician might be, as we have done over countless election cycles, the Jews will rush to vote Republican... /s
don’t worry, I’m sure the next time our side points out how insanely antisemitic any visible, leftist politician might be, as we have done over countless election cycles, the Jews will rush to vote Republican... /s
With rare exceptions, US Jews are liberal democrats first, BLM supporters second, “Innocence” Project donors third, and patriotic American maybe 15th.
Really? Do tell me the demographic in NJ that was the most supportive of Trump, twice now.
Give you a hint: Orthodox Jewish voters. 96% for Trump.
I’d be okay with them reopening the old Brushy Mountain State Penitentiary as the new UN but there’s no airport.
I was going to say that’s great...as long as they don’t bring New York employees and hire actual Texans for the jobs. FNY.
Which other democrat did they vote for?
> Goldman is perennially one of the largest corporate contributors annually to the Democrat Party which means the Texas Dem Party may be getting a windfall.<
Political contributions at that level are nothing but protection money. Trump was a big dem donor. United, Boeing, and Caterpillar moved to Chicago to appease The One.
The problem with the gop is it doesn’t play like a mafia don to get shakedown money like the dems do.
EC
What percent of the Jewish people working for Goldman Sachs are Orthodox Jews?
It is going to be kinda amusing when the native folks of Texas get to meet large numbers of the “chosen people” up close and personal.
“ native folks of Texas”
Comanche or Apache? Or maybe Kiowa or Caddo?
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