The Wall Street Journal: Former Democratic presidential candidate Andrew Yang jumps into race for mayor of New York

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Former presidential candidate Andrew Yang officially jumped into the race to be New York City’s next mayor in a campaign video released Wednesday, joining a crowded field of candidates vying to lead the nation’s largest city.

Fellow candidates include former Citigroup executive Raymond McGuire; Shaun Donovan, OMB director under President Obama; former Brooklyn Borough President Eric Adams; Scott Stringer, a former city comptroller; and New School professor Maya Wiley, a frequent cable-news legal commentator. Bill de Blasio is unable to run for re-election because of a term limit.

Yang, a Democrat, travels around New York City in the video, which was directed by Brooklyn-born filmmaker Darren Aronofsky. He outlines proposals for the city to take back control of its subway, which is currently operated by the state-run Metropolitan Transportation Authority. And he calls for the creation of a citywide universal basic income, which was a cornerstone of his unsuccessful presidential campaign. In the program he envisions, half a million New Yorkers would receive $2,000 to $5,000 a year, according to the campaign.