- Category
- Business
- Published
- Saturday, July 25, 2026 at 11:00 AM
- Publisher
-
The Guardian Business
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‘I’m over the moon’: New York’s small business owners rejoice as Mamdani cuts red tape
Initiatives including cutting permits just to serve ice-cream amount to a sweeping program of deregulation Red Scare? The democratic socialist mayor of New York City spent this week talking about red tape. On Tuesday, Zohran Mamdani – the politician at the center of a revived rightwing panic about socialists and purported communists winning elections across America - posted a video on X of himself putting a sheet of paper with the phrase “RED TAPE” into a paper shredder. Other pieces of paper, with phrases such as “cumbersome fees and fines” and “a permit you need just to serve ice-cream”, were shredded too. The video, set to Wu Tang Clan’s If Time Is Money, shows Mamdani joining a handful of city officials and small business owners throwing the resulting paper shreds into the air like confetti. Continue reading...
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