New York just elected price controls. History knows how this ends

Published June 25, 2026 6:00am ET



New York City Mayor Zohran Mamdani on Tuesday swept all three of his endorsed congressional primaries, ousting two sitting members of Congress. The socialist movement now controls more of New York’s congressional delegation than it did two days ago.

Mamdani’s platform of city-owned grocery stores, a rent freeze on 1 million apartments, and a $30 minimum wage has a word for what it is. Price controls. Tuesday’s sweep signals the socialist movement is growing. The New Democrat Coalition is already pushing the same agenda in Congress.

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