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The auction also shattered the previous record for a portrait by the Mexican artist.
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New York City Mayor-elect Zohran Mamdani will meet President Donald Trump. Mamdani aims to discuss the city's affordability crisis. He sees the meeting as a chance to advocate for New Yorkers. Mamdani said he would emphasise the need for federal support, and that he was not concerned about political traps.
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Paulson will not vote at the meeting, which is expected to be hotly contested as several voters have already signaled they could dissent if the Fed cuts rates and several others have signaled possible dissent if the Fed does not. Paulson will rotate into one of the Fed's 12 rate-setting voting spots next year.
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News and Media
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