SF Mayor Lurie says city 'on the rise' after Trump reverses course on troop deployment

SF Mayor Lurie says city 'on the rise' after Trump reverses course on troop deployment

San Francisco's Mayor Daniel Lurie recently engaged in a significant national conversation regarding urban safety, expressing that he feels an ongoing responsibility to enhance living conditions for the city's residents. His remarks came after President Donald Trump abandoned plans for a federal troop increase in San Francisco, a decision that stirred debate following Salesforce CEO Marc Benioff's initial support for the idea, which was echoed by influential tech figures like Elon Musk and David Sacks. However, Benioff later retracted his support amid mounting criticism. Since taking office in January, Lurie, a moderate Democrat, has opted to navigate these discussions carefully, aiming to maintain a constructive relationship with Trump while also asserting the city's progress in areas like business development and crime reduction. In his first televised interview since the troop deployment controversy, Lurie acknowledged the challenges ahead, stating, "I felt that pressure in January, I feel it today," emphasizing the importance of support from the tech community. "When San Francisco is strong, America is strong," he asserted. Lurie pointed to various data indicators showcasing the city’s recovery post-pandemic, largely fueled by a surge in artificial intelligence investments. Predictions from CBRE indicate that venture capital funding in the area is set to outpace records previously established in 2021, reflecting the robust AI-driven growth in San Francisco and Silicon Valley. Additionally, crime rates have dropped by 30% since 2024, while tourism and event bookings are on the rise, contributing to an increasingly competitive real estate market. "We have a lot of competition out there in the world, and we are on the rise," Lurie noted, stressing that any factors impeding this upward trajectory are unwelcome. To bolster the city's revival, Lurie is also harnessing philanthropic support to improve urban conditions and aid small businesses. He revealed that the San Francisco Downtown Development Corporation has successfully raised $50 million for these initiatives, an increase from their initial $40 million. Lurie aims to foster a broad-based recovery that benefits not only tech companies but also local restaurants and small businesses. "We're stripping away red tape. We're telling everybody that we're open for business. We want you here, and we want you to be part of the community," he concluded, highlighting his administration's commitment to creating an environment conducive to success for all sectors of the economy.

Sources : CNBC

Published On : Oct 30, 2025, 21:05

Cybersecurity
Meta Faces Legal Battle Over WhatsApp Privacy Claims

A coalition of international plaintiffs has launched a lawsuit against Meta Platforms, Inc., contending that the tech gi...

Business Today | Jan 25, 2026, 07:05
Meta Faces Legal Battle Over WhatsApp Privacy Claims
Startups
Transforming Food Carts: How E-Bike Batteries Are Revolutionizing NYC Street Dining

In the bustling streets of New York City, food carts serve up a diverse array of cuisines, from savory dosa to delectabl...

TechCrunch | Jan 24, 2026, 16:25
Transforming Food Carts: How E-Bike Batteries Are Revolutionizing NYC Street Dining
Startups
Harvey Expands Horizons with Hexus Acquisition Amid Legal Tech Rivalry

Harvey, a leading player in the legal AI sector, has announced its acquisition of Hexus, a startup known for developing ...

TechCrunch | Jan 24, 2026, 05:50
Harvey Expands Horizons with Hexus Acquisition Amid Legal Tech Rivalry
AI
Amplitude's Bold AI Transformation: From Skepticism to Leadership

In a dramatic shift towards artificial intelligence, Amplitude, a publicly traded analytics firm based in San Francisco,...

Business Insider | Jan 25, 2026, 09:30
Amplitude's Bold AI Transformation: From Skepticism to Leadership
Startups
Elon Musk's Astounding $1 Trillion Pay Package Sparks Debate on CEO Compensation Trends

Elon Musk's recently unveiled pay package, potentially valued at an astonishing $1 trillion, has reignited discussions a...

CNBC | Jan 24, 2026, 12:15
Elon Musk's Astounding $1 Trillion Pay Package Sparks Debate on CEO Compensation Trends
View All News