Foxx Takes Handoff from McCrory
A crowd of hundreds watched as Anthony Foxx was sworn in as Charlotte’s new Mayor Monday night, after which Foxx gave a solemn speech noting the city’s tough economic climate and the need to create jobs.
Foxx mentioned some of the city’s struggles, such as the region’s 12 percent unemployment and “even higher levels of unemployment.” He talked about the region’s declining home values and high rate of foreclosures.
