<p>Billionaire investor Bill Ackman vowed on Wednesday to provide &#8220;hundreds of millions of dollars&#8221; to back any viable challenger against Democratic socialist Zohran Mamdani in New York City&#8217;s mayoral race.</p>
<p>Mamdani <a href="https://www.dailywire.com/news/andrew-cuomo-falls-to-radical-socialist-zohran-mamdani-in-nyc-mayoral-primary?topStoryPosition=undefined&amp;author=Tim+Rice&amp;category=News&amp;elementPosition=0&amp;row=1&amp;rowHeadline=Top+Stories&amp;rowType=Top+Stories&amp;title=Andrew+Cuomo+Falls+To+Radical+Socialist+Zohran+Mamdani+In+NYC+Mayoral+Primary">defeated</a> former Governor Andrew Cuomo in New York City&#8217;s Democratic primary on Tuesday and will compete against incumbent Mayor Eric Adams (running as an independent this cycle) and Republican nominee Curtis Sliwa in the November general election.</p>
<p>Ackman, founder and chief executive of hedge fund manager Pershing Square Capital, <a href="https://www.mediaite.com/politics/billionaire-bill-ackman-promises-millions-to-anyone-willing-to-challenge-mamdani-for-nyc-mayor/">wrote</a> a lengthy post on X to express his alarm at Mamdani’s victory.</p>
<p>&#8220;I awoke this morning gravely concerned about New York City,&#8221; Ackman wrote. &#8220;I thought &#8216;What has NYC become that an avowed socialist who has supported defunding the police, whose solution to lowering food prices is city-owned supermarkets, who doesn&#8217;t understand that freezing rents will only make apartments scarcer and more expensive in the long run.'&#8221;</p>
<p>The billionaire investor compared a potential Mamdani-led New York to &#8220;another failed major city run by Democrats alongside Seattle, Chicago, LA, and SF,&#8221; quoting Senator John Fetterman&#8217;s (D-PA) assessment that Mamdani&#8217;s victory represented &#8220;Christmas in July for the GOP.&#8221;</p>
<p>&#8220;A mayor who disrespects the NYPD and has called for their defunding will get less effective policing, and Bratton&#8217;s &#8216;broken window theory&#8217; will operate in reverse,&#8221; Ackman wrote, warning that New York City would become &#8220;much more dangerous and economically unviable&#8221; under Mamdani&#8217;s administration.</p>
<p>Ackman assured potential candidates that funding would be instantly available, stating, &#8220;there are hundreds of million of dollars of capital available to back a competitor to Mamdani that can be put together overnight,&#8221; and adding that he is &#8220;in the text strings and the WhatsApp groups&#8221; organizing the effort.</p>
<p>The financier noted that any challenger would likely need to run as a write-in candidate, but suggested this could become &#8220;an important call to action that brings people in throngs to the polls&#8221; rather than a disadvantage.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">I awoke this morning gravely concerned about New York City. I thought “What has NYC become that an avowed socialist who has supported defunding the police, whose solution to lowering food prices is city-owned supermarkets, who doesn’t understand that freezing rents will only…</p>
<p>— Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1938094628034506984?ref_src=twsrc%5Etfw">June 26, 2025</a></p></blockquote>
<p>New York City, with a gross metropolitan <a href="https://fred.stlouisfed.org/series/NGMP35620">product</a> of $2.3 trillion and a population exceeding 8 million residents, is America&#8217;s financial nerve center. Many on Wall Street reacted with dread following Mamdani’s primary win, and <a href="https://nypost.com/2025/06/23/us-news/nyc-biz-leaders-left-shaking-over-prospect-of-zohran-mamdani-mayoral-win-it-would-be-disastrous/">predicted</a> a mass exodus from the city if he is elected in November.</p>
<p>Mamdani, a state assemblyman representing parts of Queens, has championed policies that alarm fiscal conservatives and moderate Democrats alike. His <a href="https://www.dailywire.com/news/here-are-the-top-five-craziest-policy-proposals-from-nyc-mayor-candidates?author=Catherine+Maxwell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Here+Are+The+Top+Five+Craziest+Policy+Proposals+From+NYC+Mayor+Candidates">platform</a> includes advocating for city-owned supermarkets, rent freezing measures, and significant reallocations of police funding to social services.</p>
<p>Ackman expressed particular concern about Mamdani&#8217;s stance on Israel, noting that &#8220;a mayor who condones hate speech will incentivize more hate speech and violence,&#8221; adding that &#8220;words matter, and yes, they can inspire people to kill as we have recently tragically seen in our country and around the world.&#8221;</p>
<p>Mamdani has stated that he doesn’t believe Israel has a right to exist as a Jewish state, refused to condemn calls to “globalize the intifada,” and recorded a <a href="https://nypost.com/2025/06/21/us-news/socialist-nyc-mayoral-candidate-zohran-mamdani-once-rapped-about-his-love-for-hamas-teror-funding-group-holy-land-five/">rap song</a> expressing “love” to convicted Hamas financiers. His October 7 statement notably focused on “ending the occupation” with little mention of Hamas’ massacre of Israeli civilians.</p>
<p>Ackman suggested that former Mayor Michael Bloomberg might play a significant role in any challenge to Mamdani, stating that he was &#8220;sure that Mike Bloomberg will share his how-to-win-the-mayoralty IP and deliver his entire election apparatus and system to the aspiring candidate.&#8221;</p>
<p>The investor called on his followers to &#8220;crowdsource&#8221; potential candidate names and conduct polling to identify the most viable challenger.</p>

<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Billionaire Pledges To Bankroll Any NYC Mayoral Candidate Who Can Beat Zohran Mamdani

CONTINUE READING

Matt Walsh’s Idea For Foreign-Born Lawmakers Makes It To The House Floor

Judge Rules On Cameras In Charlie Kirk Murder Trial

Trump Announces Ceasefire In Russia-Ukraine War

Prayer Mats. Gender Dividers. Quran Readings. Classroom Changes During Ramadan Paid For By Taxpayers

American Journalist Released By Iran-Backed Militia, Sets Exit Deadline

WATCH: Video Shows Moment American Female Journalist Is Kidnapped In Iraq

News

Andrew Cuomo

Bill Ackman

Democratic Party

New York

New York City

Politics

Socialism

Wall Street

Zohran Mamdani

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Billionaire Pledges To Bankroll Any NYC Mayoral Candidate Who Can Beat Zohran Mamdani