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Home » NY Gov. Kathy Hochul enlists Wall Street execs to talk Trump out of sending National Guard to NYC

NY Gov. Kathy Hochul enlists Wall Street execs to talk Trump out of sending National Guard to NYC

By News RoomNovember 18, 2025No Comments3 Mins Read
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NY Gov. Kathy Hochul enlists Wall Street execs to talk Trump out of sending National Guard to NYC
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New York Gov. Kathy Hochul is reportedly teaming up with Wall Street executives in an effort to talk President Trump out of sending National Guard troops to New York City in the wake of socialist Mayor-elect Zohran Mamdani’s victory earlier this month.

A top aide to Hochul, a Dem, has reached out to leaders of the Big Apple’s finance industry in hopes of convincing the Republican Trump administration to refrain from deploying federal troops to the city — arguing that doing so would harm the economy, according to The Wall Street Journal.

Jackie Bray, Hochul’s director of homeland security and emergency services, is spearheading the effort and has reportedly met one-on-one with top executives in New York to get their buy-in.

New York Gov. Kathy Hochul is seen left with Kathryn Wylde, president and CEO of the Partnership for New York City in November 2024.

According to The Journal, Bray shared data with executives showing that National Guard troop deployments would harm local businesses, as well as tourism.

Hochul’s team has yet to ask business leaders to convey the concerns directly to Trump since there is no immediate threat of a federal takeover, the publication reported.

Along with sending the National Guard to the city, Trump has reportedly weighed funding cuts in response to Mamdani’s shocking victory.

The mayor-elect has promised to stop all cooperation with federal authorities on combating illegal immigration — restoring New York’s status to what he called the “strongest sanctuary city” in the country.

Hochul has tasked a top aide with enlisting business leaders in the quest to dissuade the Trump administration to deploy National Guard troops to New York City, according to a report.

The Post has sought comment from the White House and Hochul.

New York State officials are trying to follow the example of San Francisco, where Democratic Mayor Daniel Luri enlisted the helpf of Nvidia CEO Jensen Huang and Salesforce boss Marc Benioff.

The billionaire tech moguls reportedly managed to persuade Trump to stand down from his original plan to send National Guard troops into the city earlier this year.

Trump has threatened to cut funds to the city and to deploy troops.

Trump recently hosted some of finance’s most powerful figures — including JPMorgan Chase CEO Jamie Dimon, hedge fund mogul Bill Ackman and BlackRock chief Larry Fink — at the White House.

The Post was the first to report that Trump picked their brains for ideas on how to make things more affordable for everyday Americans.

The Trump administration was reportedly weighing funding cuts to New York following the election of Zohran Mamdani as mayor.

Among the corporate leaders who took part in the meeting were Morgan Stanley’s Ted Pick, Goldman Sachs CEO David Solomon and Blackstone boss Steve Schwarzman.

Since his return to the White House earlier this year, Trump has ordered deployments of National Guard units and federal law enforcement to several major US cities — mostly Dem-led. He’s said the moves are needed to address violent crime, homelessness, illegal immigration and protests.

The deployments in Los Angeles, Washington, DC, Chicago, Portland and Memphis have triggered legal challenges and sharp criticism from state and local officials who argue the moves overstep presidential authority.

Business donald trump kathy hochul national guard Trump wall street Zohran Mamdani
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