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Jamie Dimon Slams Democrats, Backs Mayoral Candidate Mamdani

10/18/2025

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Summary

Story summary

Jamie Dimon, the CEO of JPMorgan Chase, criticized the Democratic Party, calling it “idiots,” and said Zohran Mamdani, a New York City mayoral candidate, is “more a Marxist than a socialist” while stating he would support Mamdani if elected.
He acknowledged New York City's challenges and stressed that effective governance matters regardless of party.
Mamdani's debate performance reassures supporters despite ongoing scrutiny from opponents.

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Story summary

Jamie Dimon, the CEO of JPMorgan Chase, criticized the Democratic Party, calling it “idiots,” and said Zohran Mamdani, a New York City mayoral candidate, is “more a Marxist than a socialist” while stating he would support Mamdani if elected.
He acknowledged New York City's challenges and stressed that effective governance matters regardless of party.
Mamdani's debate performance reassures supporters despite ongoing scrutiny from opponents.