Citigroup executive Ray McGuire discussed potential NYC mayor run with political strategists

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“I will do whatever it is that I can, my part, to take on or to continue to have a leadership role in this great city of ours,” Citigroup’s Ray McGuire says about a potential run for NYC mayor.

He has held court with several high profile political strategists recently, and and at least one city political power player is working the phones on his behalf.

Hank Sheinkopf, a veteran strategist whose previous clients include former President Bill Clinton and former New York Mayor Mike Bloomberg, met with McGuire before the state locked down due to theWhile he declined to comment on whether he's met with McGuire, Sheinkopf did tell CNBC that he believes the Citi executive could stand a chance, particularly if Mayor Bill de Blasio leaves the city in financial distress after his term ends in the wake of the coronavirus pandemic and ongoing...

Since March, the state of New York has seen more than 2 million unemployment claims. The city is expected to start their phase one reopening plan on Monday. De Blasio has been slammed by critics for reacting too late in shutting down the city, including schools. As of earlier this week, these people familiar with the matter noted that McGuire had yet to officially make a decision on whether he would run. Others that arepossible contenders for mayor include City Council Speaker Corey Johnson, Comptroller Scott Stringer and Brooklyn Borough President Eric Adams.

Wright, after publication, denied that he was organizing meetings for McGuire but noted he's known him for 40 years. After laying out what CNBC learned about McGuire, his Citi spokeswoman did not deny it and declined to comment further.

 

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