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Trump, Mamdani say NY utility Con Edison needs to cut rates
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Trump, Mamdani say NY utility Con Edison needs to cut rates
Nov 21, 2025 2:38 PM

WASHINGTON, Nov 21 (Reuters) - U.S. President Donald

Trump and New York City Mayor-elect Zohran Mamdani agreed on

Friday that New York-based utility Con Edison needed to

lower its rates.

In a White House meeting, the Republican president and the

incoming democratic socialist mayor discussed cost-of-living

concerns.

"We are going to have to talk to them (Con Edison)," Trump

said. "We have to get Con Edison to start lowering the rates."

"Absolutely," replied Mamdani.

The issue of inflation and affordability was a successful

core campaign issue for both men in their recent elections.

When asked for a comment, the company said: "We welcome the

opportunity to partner with the Mayor-elect on solutions that

make New York affordable for everyone." Con Edison also said it

recognized that "affordability is a critical issue."

Trump gave Mamdani a warm welcome at the White House in

their first-ever meeting. The two men have been very critical of

each other in the past and have clashed on a range of domestic

and foreign policy issues like immigration, public safety and

U.S. support for Israel's assault on Gaza.

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