Dimon to Mamdani: Keep NYC Open for Business (Connecting the Dots: JPMorgan Chase, Jamie Dimon, New York Mayor Zohran Mamdani, Michael Bloomberg, The Alfalfa Club & The Carnegie/Soros Network)
Newsmax.com
(Seth
Wenig/AP)
By Lee
Barney | Thursday, 21 May 2026 10:45 AM EDT
JPMorgan Chase CEO Jamie
Dimon
delivered a blunt
warning to New York Mayor Zohran Mamdani Thursday, dismissing ideological
rhetoric and challenging the progressive mayor to prove he can actually govern
the nation’s largest city.
“I
don’t care what he says. What does he do? I will judge that,” Dimon told Bloomberg TV. “Because you can talk about
morality and ideology all you want — but if things don’t get better, you didn’t
do a good job.”
The
Wall Street heavyweight sharpened his criticism by arguing that many big-city
leaders talk politics while failing to solve core problems like housing
affordability and economic growth, the New York Post reported.
“I have
seen mayors who make statements, and they make it worse and worse and worse,”
Dimon said. “They can’t get into details of why is affordable housing not there
anymore? Why does this not work? Hopefully he’ll learn. I want him to do a good
job.”
Dimon’s
comments came after he and other business leaders met with Mamdani, the
Democrat Socialist mayor who, since taking office in January, has pushed tax
hikes on corporations and wealthy New Yorkers.
The
mayor has proposed raising corporate taxes, imposing a new 2% income tax
surcharge on millionaires, and creating a luxury tax on second homes worth more
than $5 million.
Dimon
suggested Mamdani risks driving away businesses and high earners if New York
becomes less competitive globally.
“Every
city has to compete, and they have to compete at every level — arts, science,
schools,” Dimon said. “He can be an ideologue, but he has to compete too.”
The
JPMorgan chief then rattled off rival cities he believes are aggressively
competing for talent and investment — including Shanghai, Hong Kong, Singapore
and Nashville.
“People
vote with their feet,” he added.
Dimon
also jumped into the growing debate over taxing affluent Americans, backing Amazon founder Jeff
Bezos
after Bezos argued
lower-income Americans should pay little or no federal income tax.
“I saw
Jeff Bezos, who I love, swashbuckling,” Dimon said. “I don’t think the lower
people making under a certain amount [should be] paying taxes at all.”
He also
defended billionaire hedge fund manager Ken Griffin after Mamdani publicly
singled him out in a viral video promoting a new pied-à-terre tax proposal.
“I
think he realized he made a mistake in naming Ken — and vilifying a name and a
person,” Dimon said. “It’s probably why he’s seeing a bunch of us now. He’d
like to maybe have a better relationship with the business community.”
Newsmax
Wires contributed to this report.
Connecting
the Dots:
Zohran Mamdani is the mayor of New
York City and co-founded the school's chapter of Students for
Justice in Palestine.
Michael R.
Bloomberg was the mayor of New York City and is a member
of the Alfalfa Club.
James Dimon is a
member of the Alfalfa Club and the chairman & CEO for JPMorgan
Chase & Co.
Dianne Feinstein was
a member of the Alfalfa Club, a U.S. Senate senator
and married to Richard C. Blum.
Richard C. Blum was
married to Senator Dianne Feinstein, a regent at the University
of California and a board member at the Haas School of
Business and an honorary trustee at the Brookings Institution
(think tank).
University
of California, Berkeley is a University of California campus.
Haas
School of Business is a business school at the University of California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Zohran Mamdani is co-founded the school's chapter
of Students for Justice in Palestine and the mayor of New
York City.
Brandeis University has banned the campus chapter
of Students for Justice in Palestine (SJP).
D. Ronald Daniel is
a trustee at Brandeis University and was an honorary
trustee at the Brookings Institution (think tank).
Carnegie
Corporation of New York was a funder for the Aspen Institute
(think tank) and a supporter for the American Society for
Muslim Advancement.
Ted Lieu was honored with the Carnegie
Corporation of New York's Great Immigrants Award,
has represented California's 36th congressional district in the United
States House of Representatives since 2023 and is a member of
the Congressional Progressive Caucus.
Astrid S. Tuminez was a program officer at the Carnegie
Corporation of New York and is the 7th President of the Utah
Valley University (Charlie Kirk Shooting).
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Carnegie
Corporation of New York was a funder for the Brookings
Institution (think tank) and a supporter for the American
Society for Muslim Advancement.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank) and the Aspen Institute (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society and is a member of the Breakthrough
Energy Coalition.
Jeffrey P. Bezos is
a member of the Breakthrough Energy Coalition and the chairman
& president & CEO for Amazon.com, Inc.
L. John Doerr is
a member of the Breakthrough Energy Coalition, a trustee at
the Aspen Institute (think tank) and was a director at the Amazon.com,
Inc.
Carnegie
Corporation of New York was a funder for the Aspen Institute
(think tank) and a supporter for the American Society for Muslim
Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Ted Lieu was honored with the Carnegie
Corporation of New York's Great Immigrants Award,
has represented California's 36th congressional district
in the United States House of Representatives since 2023 and is
a member of the Congressional Progressive Caucus.
Astrid S. Tuminez was a program officer at the Carnegie
Corporation of New York and is the 7th President of the Utah
Valley University (Charlie Kirk Shooting).
Andrew Carnegie was
the founder of the Carnegie Corporation of New York and the founder
of the Carnegie Endowment for International Peace (think tank).
Open Society Foundations was a funder for the Carnegie
Endowment for International Peace (think tank).
George Soros is the founder & chairman for the Open
Society Foundations and was the chairman for the Foundation to
Promote Open Society.
Foundation to Promote Open Society was a funder for the Carnegie
Endowment for International Peace (think tank) and the Urban
Institute (think tank).
Carnegie
Corporation of New York was a funder for the Carnegie Endowment for
International Peace (think tank) and a supporter for the American
Society for Muslim Advancement.
James F. Collins is
a senior associate at the Carnegie Endowment for International Peace
(think tank) and was a U.S. ambassador for Russia.
Jamie S. Gorelick was a trustee at the Carnegie Endowment for International Peace (think tank), a deputy attorney general for the U.S. Department of Justice, is a director at the Amazon.com, Inc., the chairman for the Urban Institute (think tank), Ivanka Trump & Jared Kushner’s attorney and a partner at Wilmer Cutler Pickering Hale and Dorr.
Judge Randolph D. Moss was in private
practice at the Washington office of Wilmer, Cutler, Pickering, Hale
& Dorr, LLP, is a district judge of the U.S. District Court for the
District of Columbia and ruled that President Donald Trump's plan
to crack down on asylum claims overstepped his authority.
Judge Theodore D. Chuang served as counsel at the law firm of Wilmer, Cutler,
Pickering, Hale and Dorr LLP and In March 2025, Chuang
ruled that President Donald Trump and Elon Musk's
dismantling of the United States Agency for International Development (USAID).
Robert S.
Mueller III was a partner at Wilmer Cutler Pickering Hale and
Dorr, a director at the Federal Bureau of Investigation (FBI),
investigating interference with Russia in the 2016 U.S.
election, special counsel investigating Russian ties in the 2016 Donald
Trump presidential campaign, a special counsel at the U.S.
Department of Justice, James Quarles III assisted him in
the Russia probe, Jeannie Rhee assisted him
in the Russia collusion probe and Aaron Zebley assisted
him in the Russia probe.
James Quarles III was a partner at Wilmer Cutler Pickering Hale and Dorr and assisted Robert S. Mueller III in the Russia probe.
Jeannie Rhee is
a partner at Wilmer Cutler Pickering Hale and Dorr, assisted Robert
S. Mueller III in the Russia collusion probe and was
a deputy assistant attorney general at the U.S. Department of Justice.
Aaron Zebley was
a partner at Wilmer Cutler Pickering Hale and Dorr and
assisted Robert S. Mueller III in the Russia probe.
Jared Kushner’s
law firm is Wilmer Cutler Pickering Hale and Dorr, Jamie S.
Gorelick is his attorney, is the senior adviser to the president for
the Donald Trump administration and Donald Trump’s son-in-law.
Cameron F. Kerry was
an associate at Wilmer Cutler Pickering Hale and Dorr, is John
F. Kerry’s brother, counsel at Sidley Austin LLP and a
senior, a fellow at the Brookings Institution (think tank).
Michelle Obama was
a lawyer at Sidley Austin LLP.
Barack Obama was
an intern at Sidley Austin LLP.
R. Eden Martin is
counsel at Sidley Austin LLP and the president of the Commercial
Club of Chicago.
Newton N. Minow was
a senior counsel at Sidley Austin LLP, Nell Minow’s father,
a member of the Commercial Club of Chicago and an honorary
trustee at the Carnegie Corporation of New York.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American Society for Muslim
Advancement.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to Promote Open Society.
Ellen V. Futter is a trustee at the Brookings Institution
(think tank) and a director at JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a
director at JPMorgan Chase & Co.
Geoffrey T. Boisi is an honorary trustee at the Brookings Institution (think tank) and was the vice chairman for JPMorgan Chase & Co.
Larry D. Thompson is a trustee at the Brookings Institution
(think tank) and the EVP of governmental affairs, general counsel
& secretary for PepsiCo, Inc.
Michael H. Jordan was
an honorary trustee at the Brookings Institution (think tank) and the
division chairman & CEO for PepsiCo, Inc.
Kimberly Cheatle served as Senior Director in Global
Security at PepsiCo. and was the 27th director for
the U.S. Secret Service (She
was in charge in Butler when President Trump was shot).
U.S. Secret
Service is a division of the U.S. Department of Homeland
Security.
Alejandro N.
Mayorkas was the secretary for the U.S. Department of Homeland
Security for the Joe Biden Administration and an attorney
at O'Melveny & Myers LLP.
Danielle C. Gray was
a lawyer at O'Melveny & Myers LLP and is an associate
counsel for the Barack Obama administration.
Derek Douglas was
an associate at O'Melveny & Myers LLP and a special
assistant for urban affairs for the Barack Obama administration.
Ronald A. Klain was
a partner at O'Melveny & Myers LLP and the chief of staff
to the vice president for the Barack Obama administration.
Warren
Christopher was a senior partner at O'Melveny & Myers LLP
and an honorary director at the Atlantic Council of the United States
(think tank).
Open Society Foundations was a funder for the Atlantic
Council of the United States (think tank).
George Soros is the founder & chairman for the Open
Society Foundations and was the chairman for the Foundation to
Promote Open Society.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American Society for Muslim
Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Arthur B.
Culvahouse Jr. is a trustee at the Brookings Institution
(think tank) and a partner at O'Melveny & Myers LLP.
Thomas E. Donilon was
a trustee at the Brookings Institution (think tank), the White
House deputy national security adviser for the Barack Obama
administration and a partner at O'Melveny & Myers LLP.
Alejandro N.
Mayorkas was an attorney at O'Melveny & Myers LLP and the
secretary for the U.S. Department of Homeland Security for
the Joe Biden Administration.
U.S. Secret
Service is a division of the U.S. Department of Homeland
Security.
Jeh Charles
Johnson was the secretary for the U.S. Department of Homeland
Security and a governor for the Roosevelt Institute.
Jonathan Soros is a senior fellow at
the Roosevelt Institute, George Soros’s son and
was the vice chairman for the Foundation to Promote Open Society.
George Soros is Jonathan Soros’s father, the
founder & chairman for the Open Society Foundations and
was the chairman for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the Roosevelt
Institute.
Anna Eleanor
Roosevelt was the chair for the Roosevelt Institute and an
advisory board member for the Wheelchair Foundation.
Mikhail Gorbachev was
an advisory board member for the Wheelchair Foundation, the
president of the Union of Soviet Socialist Republics (USSR), a
general secretary for the Communist Party of the Soviet Union and
the founder for the Green Cross International.
Ted Turner was an honorary
board member for Green Cross International, a co-chairman for
the Nuclear Threat Initiative (think tank) and the founder
of CNN.
Carnegie
Corporation of New York was a funder for the Nuclear Threat
Initiative (think tank) and a supporter for the American
Society for Muslim Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York and
the founder of the Carnegie Endowment for International Peace (think tank).
Michael Douglas is
a director at the Nuclear Threat Initiative (think tank) and a
friend of George Soros.
Carnegie
Endowment for International Peace (think tank) was a funder for
the Nuclear Threat Initiative (think tank).
Open Society Foundations was a funder for the Carnegie
Endowment for International Peace (think tank).
George Soros is the founder & chairman for the Open
Society Foundations and was the chairman for the Foundation to
Promote Open Society.
Foundation to Promote Open Society was a funder for the Carnegie
Endowment for International Peace (think tank) and the Aspen Institute
(think tank).
Andrew Carnegie was
the founder of the Carnegie Endowment for International Peace (think tank)
and the founder of the Carnegie Corporation of New York.
Carnegie
Corporation of New York was a funder for the Aspen Institute
(think tank) and a supporter for the American Society for Muslim
Advancement.
Walter Isaacson is
the president & CEO for the Aspen Institute (think tank) and
was the chairman & CEO for CNN.
L. John Doerr is
a trustee at the Aspen Institute (think tank) a member of the Breakthrough
Energy Coalition and was a director at the Amazon.com, Inc.
William H. Gates
III is a member of the Breakthrough Energy Coalition and a
co-chair for the Bill & Melinda Gates Foundation.
Bill
& Melinda Gates Foundation was a funder for the Aspen
Institute (think tank).
Michael R.
Bloomberg is a member of the Breakthrough Energy Coalition and
the founder of the Bloomberg Family Foundation.
Bloomberg
Family Foundation was a funder for the Aspen Institute (think
tank).
Foundation to Promote Open Society was a funder for the Aspen
Institute (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society and is a member of the Breakthrough Energy
Coalition.
Reid Hoffman was
a fellow at the Aspen Institute (think tank) and is a member
of the Breakthrough Energy Coalition.
Jeffrey P. Bezos is
a member of the Breakthrough Energy Coalition and the chairman
& president & CEO for Amazon.com, Inc.
Mark Zuckerberg is
a member of the Breakthrough Energy Coalition and a co-founder
& chairman & CEO for Facebook (META).
Richard Branson is
a member of the Breakthrough Energy Coalition and a co-founder
for The Elders.
Jimmy Carter was
a member of The Elders and an honorary co-chairman for
the Millennium Promise.
Foundation to Promote Open Society was a funder for the Millennium
Promise.
George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.
Jack Ma is a member of the Breakthrough Energy Coalition and
a trustee at the World Economic Forum.
Mukesh Ambani is
a member of the Breakthrough Energy Coalition and a trustee at
the World Economic Forum.
Marc R. Benioff is
a trustee at the World Economic Forum and
a member of the Breakthrough Energy Coalition.
Thomas F. Steyer
is a member of the Breakthrough Energy Coalition, a director at
the Center for American Progress and was a funder for
the Bill, Hillary & Chelsea Clinton Foundation.
Tom
Steyer for California Governor
Foundation to Promote Open Society was a funder for the Center
for American Progress.
George Soros was the chairman for the Foundation
to Promote Open Society, is the founder & chairman for the Open
Society Foundations, a member of the Breakthrough
Energy Coalition and was a supporter for the Center for
American Progress.
Open Society Foundations was a funder for the Center
for American Progress and the Bill, Hillary & Chelsea
Clinton Foundation.
Carnegie
Corporation of New York was a funder for the Center for
American Progress and a supporter for the American Society for
Muslim Advancement.
PepsiCo, Inc. was
a funder for the Center for American Progress.
Kimberly Cheatle served as Senior Director in Global
Security at PepsiCo. and was the 27th director for
the U.S. Secret Service. (President
Trump was shot in Butler under her leadership).
Michael H. Jordan was
the division chairman & CEO for PepsiCo, Inc. and an honorary
trustee at the Brookings Institution (think tank).
Larry D. Thompson is
the EVP of governmental affairs, general counsel & secretary for PepsiCo,
Inc. and a trustee at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.
Ellen V. Futter is a trustee at the Brookings Institution
(think tank) and a director at JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a
director at JPMorgan Chase & Co.
Geoffrey T. Boisi is
an honorary trustee at the Brookings Institution (think tank) and
was the vice chairman for JPMorgan Chase & Co.
Richard C. Blum was
an honorary trustee at the Brookings Institution (think tank), married
to Senator Dianne Feinstein, a regent at the University of
California and a board member at the Haas School of Business.
University
of California, Berkeley is a University of California campus.
Haas
School of Business is a business school at the University of
California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Zohran Mamdani is co-founded the school's chapter
of Students for Justice in Palestine and the mayor of New
York City.
Michael R.
Bloomberg was the mayor of New York City and is a member
of the Alfalfa Club.
James Dimon is a
member of the Alfalfa Club and the chairman & CEO for JPMorgan
Chase & Co.
Dianne Feinstein was
a member of the Alfalfa Club, a U.S. Senate senator
and married to Richard C. Blum.
Resources:
Past Research
Nerdeen
Kiswani 'dogs' remark draws Mamdani into crossfire; Rep Randy Fine says
‘choice’ between dogs, Muslims not tough (Connecting the Dots: Zohran Mamdani,
Mahmood Mamdani, Columbia University, Harlem Children's Zone, The American
Society for the Prevention of Cruelty to Animals (ASPCA), The United Nations
(U.N.), The Students for Justice in Palestine, Chuck Schumer, Jeffrey Epstein,
The Dalton School, Kappa Beta Phi & Soros Funding, All Networking) (Past Research on Zohran Mamdani & Michael R.
Bloomberg)
Saturday,
February 28, 2026
https://thesteadydrip.blogspot.com/2026/02/nerdeen-kiswani-dogs-remark-draws.html
Trump
Sues JPMorgan Chase Over Alleged Debanking (Connecting the Dots: Jamie Dimon,
JPMorgan Chase, The Alfalfa Club, The United Negro College Fund, The Chicago
Council on Global Affairs & Soros Funding, All Networking) (Past Research on Jamie Dimon, JPMorgan Chase & The
Alfalfa Club)
Saturday,
January 24, 2026
https://thesteadydrip.blogspot.com/2026/01/trump-sues-jpmorgan-chase-over-alleged.html
Ford
Loses Bid to Overturn $82 Million Software Verdict (Connecting the Dots: The
Ford Motor Company & The Carnegie/Soros Network) (Past
Research on the Carnegie Corporation of New York)
Monday,
May 25, 2026
https://thesteadydrip.blogspot.com/2026/05/ford-loses-bid-to-overturn-82-million.html
Met
Gala 2026: Activists leave nearly 300 ‘bottles of urine’ in protest of Bezos’
involvement (Connecting the Dots: The Metropolitan Museum of Art (Met Gala),
Jeff Bezo, Amazon, The Breakthrough Energy Coalition, CNN & The
Carnegie/Soros Network) (Past Research on Jeff Bezo
& Amazon)
Tuesday,
May 5, 2026
https://thesteadydrip.blogspot.com/2026/05/met-gala-2026-activists-leave-nearly.html
Amazon
‘Key’ Service Lets Delivery Drivers Enter Your Home When You’re Not There (Past Research on Jeff Bezo & Amazon)
Wednesday,
October 25, 2017
https://thesteadydrip.blogspot.com/2017/10/amazon-key-service-lets-delivery.html
Sen.
Warren Presses Amazon on Algorithmic Pricing for Schools (Connecting the Dots:
Senator Elizabeth Warren, Ganesh Sitaraman, The Center for American Progress,
Amazon, HUD, The U.S. Federal Trade Commission, The Urban Institute, The U.S.
Department of Education & The Carnegie/Soros Network) (Past Research on the Carnegie Corporation New York)
Thursday,
March 12, 2026
https://thesteadydrip.blogspot.com/2026/03/sen-warren-presses-amazon-on.html
Musk
on Trump Attack: Head of Secret Service Should Resign (Connecting the Dots: The
head of the Secret Service is Kimberly Cheatle, PepsiCo, Alejandro Mayorkas,
O'Melveny & Myers LLP & Soros Funding, All Networking) (Past Research on the Secret Service is Kimberly Cheatle
& PepsiCo)
Sunday,
July 14, 2024
https://thesteadydrip.blogspot.com/2024/07/musk-on-trump-attack-head-of-secret.html
“Tear
Down This Wall” (Connecting the Dots: Mikhail Gorbachev, Wheelchair Foundation,
Roosevelt Institute, Green Cross International, Global Green USA & Soros
Funding, All Networking) (Past Research on the Roosevelt
Institute, Green Cross International & Mikhail Gorbachev)
Monday,
January 6, 2025
https://thesteadydrip.blogspot.com/2025/01/tear-down-this-wall-connecting-dots.html
Bill
Gates-Funded Climate Group Slashes Staff (Connecting the Dots: Bill Gates, The
Breakthrough Energy Coalition, The Climate Reality Project, The New York Times,
Kleiner Perkins Caufield & Byers, The World Economic Forum & Soros
Funding, All Networking) (Past Research on the Breakthrough
Energy Coalition)
Wednesday,
March 12, 2025
https://thesteadydrip.blogspot.com/2025/03/bill-gates-funded-climate-group-slashes.html
Pepsi
- Obama Logo Controversey (Connecting the Dots: PepsiCo, Inc., The Center for
American Progress, Barack Obama administration, The Carnegie Corporation of New
York & the Carnegie/Soros Network) (Past
Research on PepsiCo, Inc., the Center for American Progress)
Saturday,
March 14, 2026
