• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersMPW Daily

Zohran Mamdani and Kathy Hochul make a $1.7 billion investment in child care—on Mamdani’s eighth day on the job

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
January 8, 2026, 1:13 PM ET
New York Gov. Kathy Hochul and NYC Mayor Zohran Mamdani are teaming up on child care.
New York Gov. Kathy Hochul and NYC Mayor Zohran Mamdani are teaming up on child care. CHARLY TRIBALLEAU / AFP via Getty Images

It’s a big day in New York, where Gov. Kathy Hochul and NYC Mayor Zohran Mamdani just announced major investments in free and affordable child care across the city and state. I just got back to my desk after spending the morning at the YMCA in Flatbush, Brooklyn, where the duo teamed up to make the announcement.

Recommended Video

It’s a huge political win for Mamdani, who is only on Day 8 of the job and promised universal child care throughout his campaign. New York City will for the first time launch “2-care,” which ages down existing child care programs to 2-year-olds. Paid for out of the state’s budget, it’ll be available in high-need areas first.

It’s also a major move by Hochul, who has been working on this issue since before Mamdani came on the scene. She highlighted that she’s already spent $8 billion on child care in New York. These new initiatives allocate an additional $1.7 billion for a total of $4.5 billion in the state’s 2027 budget.

I tagged along today with Reshma Saujani, the founder of the advocacy organization Moms First, who has been lobbying to expand access to child care—with a special focus on bringing the business community on board—and has worked with Hochul since 2023. She calls this news a “turning point for families across the state.” Outside New York City, child care access lags behind programs available in NYC, so Hochul’s statewide investments focus on expanding universal pre-K.

For both politicians, the joint effort sets a new tone. In a speech, Mamdani called out past “dysfunction” between New York City and state and emphasized his appreciation for Hochul’s partnership. The attitude is clearly paying off; without the support of the governor, it would be impossible for New York’s new mayor to fulfill a campaign promise so quickly. Child care was an issue where the pair found common ground during Mamdani’s campaign, before Hochul’s endorsement was a sure thing.

New York’s expansion of affordable child care follows a similar effort in New Mexico, which became the first state to offer universal child care in September—also under a female governor. I asked Hochul if she thinks New York’s efforts will have even more sway on whether child care ever becomes universal across the entire country. “Absolutely,” she said. “New Mexico is very important too, and I’m proud of what my friend Michelle Lujan Grisham has accomplished there.” Her message to other governors? “Make it happen. Just do it. Stop waiting.”

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.

ALSO IN THE HEADLINES

You can now screen for cervical cancer at home. Teal Health, founded by Kara Egan, expanded its self-collection device to all 50 U.S. states. FemTech Insider

Trans rights in sports head to the Supreme Court. This piece breaks down why it was always going to be an uphill battle to challenge bans on trans women and girls in sports, regardless of the makeup of the court. (Law allows sex segregation in sports.) Oral arguments in Little v. Hecox and West Virginia v. B.P.J. will be heard on Jan. 13. Vox

Get ready for more heartwarming Olympic stories. As Milan approaches in February, we're learning more about this year's star athletes. I'm loving the story of Alysa Liu, who shocked the figure skating world when she retired at just 16. Now 20, she decided to come back—prioritizing her autonomy in a sport known for strict control. Cosmopolitan 

ON MY RADAR

The Emily Henry obsession has made it to Hollywood Glamour

Amanda Seyfried is in her element Vogue

What powerful women actually wear to the office Marie Claire

PARTING WORDS

"The goal right now is just to love every step of the way."

— Olympic snowboarder Chloe Kim on establishing a healthier relationship with her sport

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
LinkedIn iconTwitter icon

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
1 day ago
placeholder alt text
C-Suite
Fortune 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
2 days ago
placeholder alt text
Success
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift
By Jacqueline MunisJanuary 28, 2026
23 hours ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
23 hours ago
placeholder alt text
Real Estate
Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis
By Sydney Lake and Nick LichtenbergJanuary 26, 2026
3 days ago
placeholder alt text
Success
Billionaire Mark Cuban spends hours reading 1,000 emails a day on 3 devices—yet he’s telling Gen Z to shut their phones, get outside, and have more fun
By Preston ForeJanuary 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Newsletters

NewslettersEye on AI
AI has made hacking cheap. That changes everything for business
By Sharon GoldmanJanuary 29, 2026
2 hours ago
barra
NewslettersMPW Daily
GM’s earnings rally wasn’t just about quarterly results. It was about trust in Mary Barra
By Emma HinchliffeJanuary 29, 2026
4 hours ago
The company logo is displayed in front of the Archer Daniels Midland (ADM) facility in Decatur, Illinois.
NewslettersCFO Daily
ADM settles accounting scandal—can AI help prevent the next one?
By Sheryl EstradaJanuary 29, 2026
7 hours ago
NewslettersTerm Sheet
Inside the race to build data centers
By Allie GarfinkleJanuary 29, 2026
9 hours ago
NewslettersCEO Daily
A once-unthinkable C-suite appointment solidifies Walmart’s new identity as a tech company
By Phil WahbaJanuary 29, 2026
9 hours ago
NewslettersFortune Tech
Meta gets the love, Microsoft gets smacked
By Alexei OreskovicJanuary 29, 2026
10 hours ago