Mayor Zohran Mamdani is wading into an international M&A deal

NYC Mayor Zohran Mamdani is urging New York State's financial regulator to block Western Union's $500 million acquisition of Intermex, a money transfer service serving immigrants, arguing the merger will reduce competition and raise remittance prices. The move reflects growing antitrust enforcement at the state and local levels as the Trump administration steps back from such cases.