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EXPOSED: NYC Mayor Mamdani Praises Theranos Fraudster Elizabeth Holmes While DOE Hires Accused Killer of Jogger Katie Suarez

Gary FranchiNovember 11, 2026 ET2 views
Questions about Mamdani's praise for a convicted fraudster and a DOE hiring decision.
Questions about Mamdani's praise for a convicted fraudster and a DOE hiring decision. | Next News Editorial Illustration
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New York City Mayor Zohran Mamdani just proved that the socialist experiment running America's largest city has abandoned competence entirely, replacing it with performance art and ideological loyalty tests. At a bill signing for the Community Opportunity to Purchase Act (COPA), Mamdani quoted rapper Wiz Khalifa — 'time is money' — and then praised convicted Theranos fraudster Elizabeth Holmes and Billy Evans as 'builders of monuments of love.' Yes, the same Elizabeth Holmes who defrauded investors out of hundreds of millions of dollars peddling fake blood-testing technology. In Mamdani's New York, a convicted fraudster gets a podium shout-out while a dead jogger gets a press release.

The cognitive dissonance is staggering. While Mamdani was celebrating COPA — which gives qualified entities a 20-day notice and a 70-day window to make an offer before any building can hit the open market — the New York City Department of Education employed a man accused in the stabbing death of Katie Suarez. That man had already been flagged by the NYPD for psychological evaluation. Government gets first claim on your building; citizens get second. And a murder suspect gets a job around children.

Here's the collision that defines Mamdani's administration: government first, citizen second. COPA hands connected nonprofits the front of the line on any building sale. Meanwhile, the Department of Education hired someone the NYPD had already flagged as dangerous. Mamdani's answer to this public safety catastrophe? 'A full review.' New Yorkers have seen this movie before — a document designed to protect the administration, not the public.

The contradictions don't stop there. Asked about Puerto Rico's zero percent capital gains tax, Mamdani dodged with 'tax justice is tax justice wherever we're speaking of it,' then torched a $500 million tax break for about 1,100 luxury units. So let's get this straight: connected nonprofits go to the front of the line, producers take the tax hit, and capital walks. The contradictions are the point. Loyalty is tested with a deed, and public safety becomes a press release.

Performance Art Running City Hall

The largest city in America now runs on performance art. Mamdani stood at the podium and praised Elizabeth Holmes — a woman convicted of defrauding investors in one of the most notorious corporate fraud cases in recent history — as a builder of 'monuments of love.' In the same city, on his watch, the Department of Education hired a man arrested for killing Katie Suarez. That is not a housing policy. That is a city run as theater, and the body count is the review.

This is the socialist model in action: government claims your building first, connected nonprofits get priority, producers take the tax hit, and capital walks. Meanwhile, public safety becomes a document that gets 'reviewed' while nothing changes.

Progress is not the issue. Competence is. Safety is. And this administration has neither.

The DSA pipeline that put Mamdani in office is being exposed. Patriots are watching what that 'full review' actually produces. New Yorkers deserve better than a mayor who cannot distinguish a convicted fraudster from a housing model, and who presides over a Department of Education that hires accused killers while praising criminals from the podium.

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Gary Franchi
Gary Franchi

Chief White House Correspondent at Next News Network. Executive Producer and Lead Anchor.

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CommonSenseSamVerifiedNov 11, 6:11 AM ET
Genuine question — has anyone in the DOE actually commented on this hiring decision, or are they just hoping it blows over? Because silence speaks volumes.
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NYWatchdogVerifiedNov 11, 2:11 PM ET
Radio silence so far, which is pretty typical these days. They only respond when it becomes a full-blown scandal.
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TruthBeToldNYCVerifiedNov 11, 3:11 PM ET
I checked their press releases this morning — not a word. Unbelievable.
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GuardianDad_86VerifiedNov 11, 11:11 PM ET
I've lived in this city my whole life and never thought I'd see the day when praising a fraudster and shrugging at a murder suspect was business as usual. Enough is enough.
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LibertyBell76VerifiedNov 12, 2:11 AM ET
This is exactly what happens when you elect people who care more about optics than actual public safety. Praising a convicted fraudster while hiring someone accused of murder tells you everything about their priorities.
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PatriotMom4VerifiedNov 12, 4:11 AM ET
Spot on. Character matters, and this administration is showing theirs loud and clear.