Billionaire Jamie Dimon Calls Mamdani’s Tax Proposals ‘Embarrassing’
Dimon said the talks centered on waste cuts, development rules and public-private partnerships as JPMorgan warned of long-term economic risks.
- JPMorgan Chase CEO Jamie Dimon met with New York City Mayor Zohran Mamdani on Friday to discuss reducing government waste, cutting development red tape, and expanding public-private partnerships.
- Dimon's outreach stems from a campaign-era pledge to assist Mamdani, despite publicly criticizing the mayor's proposed annual surcharge on homes valued above $5 million as "embarrassing."
- Describing the meeting as "constructive," Dimon noted that Mamdani, who oversees 300,000 employees, "has never had a job like that," emphasizing that governing requires practical administration rather than ideology.
- When Bartiromo raised Mamdani's controversial video outside hedge fund billionaire Ken Griffin's $238 million penthouse, Dimon agreed it was a security concern but said, "My opinion was, he was very polite."
- Regulatory reform remains Dimon's priority; he argues housing shortages stem from bad policy rather than market forces and maintains he remains willing to support the city's success.
11 Articles
11 Articles
Jamie Dimon Spills The Tea On His Candid Meeting With Mamdani
JPMorgan Chase CEO Jamie Dimon told Fox Business’s Mornings With Maria Friday that he had a candid meeting with New York City Mayor Zohran Mamdani where no subject was off the table, including the mayor’s new tax proposal for billionaires. Mamdani recently posted a video to social media where he explained his new pied-à-terre tax that will “levy an annual surcharge on one- to three-family homes, condominiums and co-ops valued above $5 million wh…
JPMorgan’s Dimon SLAMS NYC Mayor Mamdani Over Radical Tax Plans That Threaten Growth
In a recent Bloomberg TV interview, JPMorgan Chase CEO Jamie Dimon delivered a pointed critique of New York City Mayor Zohran Mamdani, focusing on the implications of Mamdani’s progressive taxation policies. Dimon’s remarks raised critical questions not just about the proposed tax hikes, aimed at the wealthiest citizens and corporations, but also about the practicality of Mamdani’s approach to governance. Since taking office in January 2024, May…
Jamie Dimon tells Gen Z to 'learn how to think, learn how to earn respect' as he describes 'great meeting' with Zohran Mamdani
In a Fox Business apearance, the JPMorgan CEO offered graduating students a frank roadmap for success and gave the NYC mayor a polite but pointed warning.
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