Overview

• President Trump told Fox News he will cut federal funding to New York City unless Mamdani “does the right thing” after a potential November win.
• Pro-Trump billionaire Bill Ackman has offered to finance a centrist challenger to Mamdani in the general election.
• House Minority Leader Hakeem Jeffries and other leading Democrats have withheld endorsements pending more clarity on Mamdani’s policy vision.
• Mamdani has denied Trump’s “communist” accusation and defended plans for fare-free buses, a $30 minimum wage and a rent freeze paid for by wealth taxes.
• His insurgent campaign has galvanized Muslim, South Asian and immigrant communities frustrated by the city’s high living costs.