**Reckoning for New York: Trump Calls Out AG James for Exiting Businesses and Investment**
In a bold statement, former President Donald Trump has unleashed a scathing critique against New York Attorney General Letitia James, claiming her policies are wreaking havoc on the state's business landscape.
Her aggressive tactics, Trump argues, are driving major companies out of New York, leading to billions in lost revenue and economic destabilization.
“Billions of dollars in lost business,” Trump posted on TruthSocial, emphasizing that “no company or individual wants to be there, knowing that she’s the Attorney General.”
Highlighting her failed gubernatorial run, where she garnered merely 1% of the vote in polls before withdrawing, Trump characterized James as a “complete and total disaster."
The former President doesn’t stop there. He links James’s actions to the broader trend of businesses relocating to more hospitable environments, particularly Texas, where the regulatory landscape is far more favorable.
Recent announcements from mortgage giants Fannie Mae and Freddie Mac to close their New York offices further validate Trump's assertions about the state’s deteriorating business climate. These corporations cite James’s “corrupt and dangerous business practices” as major factors in their decision to withdraw.
Critics might argue that the legal challenges initiated by James can be seen as legitimate consumer protections; however, Trump's supporters maintain that her aggressive scrutiny has turned into persecution that discourages investment and innovation.
As the fallout continues, over 160 firms have reportedly fled the state, seeking refuge in friendlier markets. This shift not only jeopardizes employment opportunities in New York but also signals to Wall Street that high taxes and relentless regulations may spell disaster for the city’s financial future.
The emerging consensus among business leaders is clear: without a significant overhaul of the state's legal and regulatory frameworks, New York risks becoming a legal banana republic, where political motivations overshadow economic viability.
James’s tenure as Attorney General has sparked considerable debate and concern over the implications for the state’s economy.
As Trump points out, unless there’s accountability for her actions, the trend of businesses seeking greener pastures is likely to persist, transforming New York from a bustling economic hub into a cautionary tale of mismanagement and lost opportunity.
With the continuing exodus of businesses, the call for change resonates louder than ever, and it remains to be seen how New York will respond to this existential economic challenge.
Sources:
thegatewaypundit.comindependentsentinel.comwnd.com