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JPMorgan Chase CEO Jamie Dimon reveals his warning to Mamdani during closed door meeting

May 29, 20262 Mins Read
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JPMorgan Chase CEO Jamie Dimon has claimed in a new interview that he told Mayor Zohran Mamdani “everything I wanted to say” when the two met face-to-face last week, adding that the meeting was “pleasant.”

“He was very polite. It was very earnest. We had a very good conversation, but I said everything I wanted to say,” Dimon told Fox Business Network host Maria Bartiromo Friday. “I got to talk about affordable housing and child care. Most people want it. If you do it badly, it would be a disaster … Do it right. There are studies that can tell you how to do it right. Get people who know what they’re doing and implement proper policies.”

The 70-year-old Dimon reminded Bartiromo that the 34-year-old Mamdani “has never had a job” like the one he now holds.

“I mean, he’s running the city with 300,000 employees now,” Dimon said ahead of the Reagan National Economic Forum in Simi Valley, California. “And I’ve seen mayors who just, they fail abysmally because they can’t administer themselves out of a paper bag, or ideology blinds them to practical, realistic, real-world policy. And so we’ll see. And, you know, if I can help them do the good stuff, I’d be happy to do that.”

Mamdani met separately May 18 with Dimon and Goldman Sachs CEO David Solomon to try and smooth over controversy over the mayor’s far-left policy plans, including for a so-called pied-a-terre tax on second homes valued at $1 million or more.

Read the full article here

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