Mamdani says he will meet JPMorgan’s Dimon and other Wall Street titans

Elected mayor Zahran Mamdani He said Wednesday he was ready to meet with JPMorgan Chase CEO Jamie Dimon and other finance giants as Wall Street prepares for a new era of progressive leadership at City Hall.

Mamdani, who was elected Tuesday night to lead the country’s largest city, will take office amid growing anticipation from political and business leaders.

Mamdani, a progressive upstart from Queens, has put affordability at the center of his agenda for New York City.

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Throughout his campaign, he proposed measures such as free bus service, city-owned grocery stores, and a rent freeze.

Some of his most ambitious ideas have rocked Wall Street and attracted some of his harshest critics. This clash highlights the ever-widening gap between the city’s progressive visions and the financial sector that has long fueled them.

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Jamie Dimon of JPMorgan Chase had earlier said he would support Mamdani if ​​he won the seat. (Jenna Moon/Bloomberg via Getty Images)

Damon had earlier said he would support Mamdani if ​​he won the seat. After the victory, billionaire Bill Ackman wrote on X that if he could help, Mamdani should “tell me what I can do.”

The Pershing Square president had previously pledged to fund an alternative candidate to Mamdani, should he emerge. He also warned that Mamdani’s fiscal plan would “destroy jobs and force corporations and wealthy taxpayers” to leave New York.

Secretary of the Treasury Scott Besant He had previously said that Mamdani’s economic proposals risked pushing New York City into a financial crisis, warning that if the city turned to Washington for a bailout, it would not get one.

Treasury Secretary Scott Besent speaks to members of the media outside the White House on October 22, 2025. (Aaron Schwartz/CNP/Bloomberg via Getty Images)

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“You can’t enact policies like this and expect to be bailed out,” Picente said during a Sept. 24 interview with FOX Business’ Maria Bartiromo on “Mornings with Maria.”

“And are you going to give them this bailout?” Bartiromo pressed.

“It would be the same thing Gerald Ford said. Drop dead,” Besant said.