Bank of America CEO plans talks with Mamdani, calls NYC’s success key
Bank of America CEO Brian Moynihan joins Fox & Friends to outline a pledge to hire 10,000 veterans over five years, to help service members transition to civilian life.
Bank of America CEO Brian Moynihan says he’s willing to meet with New York City Mayor-elect Zahran Mamdani to discuss the city’s future as rival states try to woo concerned business owners away from the Big Apple.
“Now that the mayor is in office, whether it’s in this city or any other city, we have an obligation as a company to work with him to try to make the city successful,” Moynihan said Tuesday on Fox News.
“I have 16,000 teammates working in the neighborhood here, and we have to make this successful.”
The key to this, he said, is the way Mamdani approaches “ruling all the people in the entire city, and… [how] “He has to bear the budget and the tax base.”
Former Mayor de Blasio calls socialist Mamdani New York City’s answer to Trump’s policies
Bank of America Chairman and CEO Brian Moynihan will appear on FOX Business Network on March 27 in New York City. (John Lambarski/Getty Images)
Moynihan said the company’s success is tied in part to the success of elected officials like Mamdani and the cities, towns and states they represent.
He told Fox & Friends co-host Brian Kilmeade that he plans to request a meeting with the city’s mayor-elect, calling the issue “important” for the thousands of Bank of America employees and their families who depend on New York City being “great.”
“As I look forward, I hope the mayor will engage with us and we will give him some ideas,” he added.
Mamdani points to the population loss in the Bronx as evidence of New York City’s affordability crisis during his anti-Trump tour
Zahran Mamdani waves during a town hall at Brooklyn College in New York City on September 6. (Angela Weiss/AFP/Getty Images)
Mamdani’s victory has inspired some right-wing voices to tempt residents and businesses fleeing the Big Apple to come their way.
New Hampshire Governor Kelly Ayotte, for example, recruited those looking to greener pastures by advertising with a large truck covered in rotating digital posters, one of which read: “NYC Business Owners: Mamdani Frustrated You? Come to New Hampshire for No Communism, Less Bureaucracy, and Lower Taxes.”
A billboard in Times Square — said to be funded by the super PAC supporting Vivek Ramaswamy’s campaign for governor of Ohio — called on New Yorkers to flee “radical socialist” Mamdani for promised “freedom” in the Buckeye State.
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Rep. Nick Langworthy, R-New York, discusses the Federal Aviation Administration’s plan to cut 10% of U.S. flights amid the historic shutdown, criticizes Democrats for putting politics above safety and warns that New York’s elected socialist mayor could lead to a mass exodus.
Moynihan’s comments come after he announced a major initiative to hire 10,000 veterans over the next five years, a pledge he made clear during his appearance.
“We think our company is a great company for veterans, and we think we owe it to them to make sure we bring those veterans into our company. Even if they come to work for us for five years and get a job somewhere else, we’ve given them a great start and helped them make that transition,” he said.
Fox News’ Preston Mizell contributed to this report.
2025-11-11 16:28:00
