JPMorgan CEO Jamie Dimon, Wall Street bosses snub meeting with ‘Marxist’ Zohran Mamdani
By James Franey
Jamie Dimon claims the Fed needs 'radical changes'
JPMorgan CEO Jamie Dimon and other Wall Street titans were planning to skip a widely anticipated Tuesday meeting with hard-left New York City mayoral candidate Zohran Mamdani, The Post has learned.
The 33-year-old socialist firebrand, who handily defeated Andrew Cuomo in the Democratic primary on June 24, was slated to attend meetings on Tuesday and Wednesday arranged by Partnership for NYC — a powerful group whose members include the city’s biggest banks, law firms and corporations.
But Dimon snubbed the Israel-bashing, Ugandan-born firebrand and his bid to schmooze with the city’s business bigwigs and soothe their concerns.
Zohran Mamdani at a press conference announcing a union endorsement.
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Mamdani has been making an outreach to NYC business bigwigs via renowned power broker Kathlyn Wylde.
Andrew Schwartz / SplashNews.com
The 69-year-old Dimon — who branded Mamdani a “Marxist” at an event in Ireland on Thursday — had an unspecified scheduling “conflict,” accoridng to the bank.
“He had other commitments and was unable to attend,” a JPMorgan spokesperson told The Post.
According to sources familiar with the matter, a number of other Wall Street hotshots stayed away, too — sending non-executive underlings in their place.
The insiders pointed to the firms’ all having quarterly results coming out on Tuesday and Wednesday. BofA is headquartered in Charlotte, NC and, arguably, more shielded from any prospective Mamdani administration.
Jamie Dimon, CEO of JPMorgan Chase & Co., speaking at the Economic Club of New York.
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JPMorgan CEO Jamie Dimon lashed out at fellow Democrats over their obsession with DEI policies, labeling them “idiots.”
REUTERS
The Democrat candidate wants to freeze rents and hike taxes to bankroll free childcare and free buses, as well as create government-run grocery stores to battle rising food prices.
“That’s the same ideological mush that means nothing in the real world,” Dimon told Thursday’s conference organized by the Irish foreign ministry in Dublin.
The long-serving chief executive also used the powwow to take pot shots at the Democratic Party.
Dimon, who has long been rumored to have political ambitions of his own and was once floated as a possible Treasury Secretary, slammed his fellow Democrats for their obsession with divisive DEI policies.
Brian Moynihan speaking at a conference.
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Insiders said BofA CEO Brian Moynihan is currently in Charlotte, North Carolina, to prepare for the bank’s quarterly results on Wednesday.
REUTERS
“I have a lot of friends who are Democrats, and they’re idiots. I always say they have big hearts and little brains,” the plain-speaking banker told the audience in Dublin.
“They do not understand how the real world works. Almost every single policy rolled out failed.”
Banking regulations have been a matter of concern for the JPMorgan CEO for years.
In October, he lashed out at the Biden administration over its anti-business stance and used his annual shareholder letter in April to accuse its officials of stifling growth with “blue tape.”
Earlier this year, JPMorgan and several other Wall Street banks scrubbed DEI language from their websites soon after President Trump took office,
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