Overview
- President Trump called Zohran Mamdani’s victory speech “very angry,” said the mayor-elect is “off to a bad start,” and urged him to be “respectful of Washington” in a Fox News interview.
- Mamdani dismissed a separate presidential warning about making it “hard” to send money to New York, responding that such a threat “is not the law,” according to Financial Express.
- Several high-profile financiers who opposed Mamdani now say they are willing to work with him, including Bill Ackman, JPMorgan Chase CEO Jamie Dimon, and crypto investor Mike Novogratz.
- Exit polls show Mamdani won 78% of voters under 30 and 81% of residents who have lived in New York City less than 10 years, while Andrew Cuomo led among older and native-born voters.
- At 34, he will be the city’s youngest mayor in more than a century, taking office with expectations to pursue universal child care, fare-free buses, and a rent freeze for rent‑stabilized units.