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Lina Khan speaks during a press conference at the Unisphere in Flushing Meadows Corona Park on November 5, 2025 in the Queens borough of New York City.
"Economic development and economic justice must go hand in hand," said New York City Mayor Zohran Mamdani in announcing Khan's appointment.
New York City Mayor Zohran Mamdani on Wednesday announced he was appointing Lina Khan, a leading champion of enforcing US antitrust laws, to serve as chair of the city's Economic Development Corporation.
In prepared remarks, Khan—the former chair of the Federal Trade Commission—said she looked forward to working with Tony Shorris, the former executive director of the Port Authority of New York and New Jersey who was appointed by Mamdani as the EDC's new president.
The former Biden administration official also gave an overview of what she hoped to achieve at the EDC.
"EDC has key tools to drive projects that grow our economy, create good jobs, promote entrepreneurship, and make life more affordable for New Yorkers," she said. "EDC has enormous capacity to make life materially better for New Yorkers—and to ensure that public resources are helping build state capacity."
A Wednesday report from Gothamist noted that Khan's appointment as chair "amounts to a shakeup for the agency, which has been criticized over the years for being too cozy with business interests," while noting that Shorris' appointment as president "was seen by some as a nod to the business community."
During a news conference announcing the appointments of Khan and Shorris, Mamdani emphasized that "economic development and economic justice must go hand in hand," adding that "this is no radical concept."
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
New York City Mayor Zohran Mamdani on Wednesday announced he was appointing Lina Khan, a leading champion of enforcing US antitrust laws, to serve as chair of the city's Economic Development Corporation.
In prepared remarks, Khan—the former chair of the Federal Trade Commission—said she looked forward to working with Tony Shorris, the former executive director of the Port Authority of New York and New Jersey who was appointed by Mamdani as the EDC's new president.
The former Biden administration official also gave an overview of what she hoped to achieve at the EDC.
"EDC has key tools to drive projects that grow our economy, create good jobs, promote entrepreneurship, and make life more affordable for New Yorkers," she said. "EDC has enormous capacity to make life materially better for New Yorkers—and to ensure that public resources are helping build state capacity."
A Wednesday report from Gothamist noted that Khan's appointment as chair "amounts to a shakeup for the agency, which has been criticized over the years for being too cozy with business interests," while noting that Shorris' appointment as president "was seen by some as a nod to the business community."
During a news conference announcing the appointments of Khan and Shorris, Mamdani emphasized that "economic development and economic justice must go hand in hand," adding that "this is no radical concept."
New York City Mayor Zohran Mamdani on Wednesday announced he was appointing Lina Khan, a leading champion of enforcing US antitrust laws, to serve as chair of the city's Economic Development Corporation.
In prepared remarks, Khan—the former chair of the Federal Trade Commission—said she looked forward to working with Tony Shorris, the former executive director of the Port Authority of New York and New Jersey who was appointed by Mamdani as the EDC's new president.
The former Biden administration official also gave an overview of what she hoped to achieve at the EDC.
"EDC has key tools to drive projects that grow our economy, create good jobs, promote entrepreneurship, and make life more affordable for New Yorkers," she said. "EDC has enormous capacity to make life materially better for New Yorkers—and to ensure that public resources are helping build state capacity."
A Wednesday report from Gothamist noted that Khan's appointment as chair "amounts to a shakeup for the agency, which has been criticized over the years for being too cozy with business interests," while noting that Shorris' appointment as president "was seen by some as a nod to the business community."
During a news conference announcing the appointments of Khan and Shorris, Mamdani emphasized that "economic development and economic justice must go hand in hand," adding that "this is no radical concept."