NYC mayor appoints former FTC chair Lina Khan to lead EDC

New York City Mayor Zohran Mamdani appointed former Federal Trade Commission Chair Lina Khan as the new board chair of the city's Economic Development Corporation on Wednesday, July 22, 2026. The mayor also named Anthony Shorris, a former first deputy mayor and partner at McKinsey & Company, as the agency's president and chief executive officer. The dual appointments signal a significant leadership change for the nonprofit corporation that oversees major economic development projects across the city.

Khan, an associate professor of law at Columbia Law School, served as FTC chair from 2021 to 2025, where she gained prominence for her aggressive antitrust enforcement against large corporations. In her new role, she will lead the board that approves the EDC's projects and strategic direction. Mayor Mamdani praised Khan's record, stating she has consistently delivered for working Americans by taking aim at corporate monopolies. Khan said she looked forward to working with Shorris and emphasized the EDC's role in making the city more affordable. "EDC has enormous capacity to make life materially better for New Yorkers, and to ensure that public resources are being used to build...