Jamie Dimon criticizes Zohran Mamdani as ‘Marxist,’ blasts Democrats’ DEI push: ‘Big hearts and little brain’

Jimmy Damon, CEO of JPMorgan Chase, raised the nominee of the mayor of New York City, Zahran Mamdani as a “Marxist more than Socialism” and criticized the Democrats who say that spending a lot of time on diversity, fair and integration initiatives.

Damon urged the voters not to support Mamdani after the representative of the New York State won the democratic preliminary elections of the New York City mayor last month in a campaign that included pressure on freezing rent and city -owned grocery stores.

Dion said at an event in Ireland on Thursday: “It is more than Marxi more than socialism, and now you see these democrats fall throughout themselves, saying:” Well, it indicates some real problems, housing and grocery prices at reasonable prices. “

Mamdani has argued, and he pushes “the same ideological vulnerability that does not mean anything in the real world.”

JPMorgan CEO Jimmy Damon warns the economic conditions that may deteriorate soon

Damon was the latest billionaire in Wall Street, who reprimands Mamdani’s campaign and his appearance as the first potential candidate to become the next mayor of New York City.

Amid concerns about his chances of winning the elections, a group called “New York residents for the future of Mayor 25” was created, where it worked to collect $ 20 million to finance the Mamdani fighting campaign, according to the Wall Street Journal.

Mamdani tries to address some panic because of his candidacy, as he plans to attend an event hosted by a collective partnership of New York City, a group that has a demo in its board of directors.

In his remarks in Ireland, Damon also criticized the Democrats for pushing Dei’s policies, saying they were “stupid” and “exaggerated” in an event hosted by the Ministry of Foreign Affairs.

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Jimmy Damon Democrats criticized for their push for DEI policies. (Al Drao / Bloomberg via Getty Images / Getty Images)

“I have many friends who are democrats, and they are stupid,” he said.

“I always say that they have great hearts and small brains,” Damon added. “They do not understand how the real world works. Almost every policy has failed.”

Demon said that JPMorgan will cut off the DEI initiatives, but confirmed a commitment to work with Black, Hispanic and LGBTQ.

“We were all dedicated to reaching black society, of Spanish origin, gay community, and disabled – we are doing all of this. But the range stopped them,” Dienon said in Ireland.

Zahran Mamdani won the democratic extortion of the New York City mayor last month. (Reuters / Ping Joan / Reuters)

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JPMorgan was one of several Wall Street banks that withdrew the Dei language from its websites earlier this year, shortly after President Donald Trump took office. Since his return to the White House, Trump has signed orders to clarify Dei throughout the country.

Damon had been supported by Dei’s policies, although he ordered the review of the bank’s policies by the Supreme Court’s decision for 2023, which was sentenced against positive procedures for admission to the college.

The head of the bank also took a stir in former President Joe Biden for the lack of “one businessmen” who advises him, stressing that he was “unable to talk about the lack of knowledge” in the Biden administration.