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michael bloomberg
Mamdani Holds Huge Lead in NYC Mayor's Race, But Top Dems Still Won't Back Him
Voters trust Mamdani more on issues from affordability to crime to Israel-Palestine, but one strategist says party leadership is likely still refusing to back him due to "donor pressure."
Sep 09, 2025
Progressive state lawmaker Zohran Mamdani holds a "commanding" lead in New York's upcoming mayoral election, according to the latest polling. But his continued momentum is still not enough for some top Democrats to get behind him, even as President Donald Trump openly colludes with his rivals.
A New York Times/Siena poll published Monday has Mamdani, a democratic socialist state assemblyman, 22 points north of his nearest challenger, disgraced former New York Gov. Andrew Cuomo, whom he soundly defeated in the Democratic primary earlier this year.
Last week, several outlets reported that the Trump administration has been working behind the scenes to clear the field for Cuomo by offering administration posts to other mayoral candidates, including Democratic Mayor Eric Adams, and Republican contender Curtis Sliwa in exchange for them dropping out of the race.
Cuomo's identity as Trump's horse has ratcheted up the pressure for top Democratic leaders—namely the Empire state duo of House Minority Leader Hakeem Jeffries and Senate Minority Leader Chuck Schumer—to throw their weight behind Mamdani. But with the election now less than two months away, they have still refused to budge, to the increasing frustration of the party's base and its progressive leaders.
Last week, Rep. Alexandria Ocasio-Cortez (D-N.Y.) called out these leaders directly, asking on the steps of the Capitol: "Are we a party who rallies behind our nominee or not?"
"I am very concerned about the example that is being set by anybody in our party," she continued. "If an individual doesn't want to support the party's nominee now, it complicates their ability to ask voters to support any nominee later."
During a stop on his "Fighting Oligarchy" tour, Sen. Bernie Sanders (I-Vt.), a Brooklyn native, said New York Democrats should be "jumping up and down" to support a candidate who has galvanized young voters like Mamdani.
Speaking of party leadership, Sanders said: "It's no great secret that they're way out of touch with grassroots America, with the working families of this country, not only in New York City, but all over this country."
That sentiment was shared by the liberal tastemakers on the popular podcast Pod Save America. Former Obama speechwriter Jon Favreau called out leadership by name, saying their hesitancy to endorse Mamdani was "pathetic."
"Donald Trump's going to try to get Eric Adams out of the race so he can help Andrew Cuomo," Favreau said. "Meanwhile, Hakeem Jeffries and Chuck Schumer have not yet endorsed the candidate who won the Democratic primary in New York City, the choice of the Democratic voters. Because why, because they don't want to get involved in a primary in a city, in the state they represent?"
Favreau questioned what happened to the "rule that when a Democrat wins the primary, we've all got to unite behind the nominee... because we are facing an authoritarian threat."
Cuomo, he said, "is basically participating" in that threat by being "on Donald Trump's side."
According to CNN, this reluctance is widespread across New York Democrats:
Reps. Yvette Clarke, Dan Goldman and Ritchie Torres have not said they plan to support Mamdani. Rep. Gregory Meeks, who endorsed Cuomo in the primary, has also remained silent along with Rep. Grace Meng, who represents parts of Queens.
New York Gov. Kathy Hochul and Mamdani have had "a number of conversations," Hochul said recently, and the two have met in person. Speaking separately to a Politico reporter, Hochul dismissed the talks between Adams and Trump aides with a profanity. Still, she has not made an endorsement.
Sources told CNN that the reticence stems in some part from the "public threat by Mamdani's democratic socialist allies to primary Jeffries and other congressmen" as well as Mamdani's "ties to democratic socialists and his criticism of Israel."
Sanders countered that Mamdani's were "not radical ideas."
"We're the richest country in the history of the world," he said. "There's no excuse for people not having affordable housing, good quality, affordable, decent transportation, free transportation."
Not only did the Times/Siena poll find Mamdani leading in the coming election, but voters also said they trusted him most on issues across the board, including ones that party grandees fear will be liabilities.
He holds leads over all comers, not only on his bread and butter issues of affordability and housing, but also on crime, taxation, and the Israeli-Palestinian conflict.
In an interview on CNN, former Obama campaign manager David Axelrod suggested that the refusal to back Mamdani was probably the result of "donor pressure."
Though Mamdani has surged in recent months with small-dollar donors, big money in the city has been behind Cuomo and other centrist candidates.
The biggest of these is the billionaire-funded Fix the City PAC, which received an $8.3 million donation from former New York Mayor Michael Bloomberg, and as of late August had dropped more than $15 million to keep Cuomo afloat.
Another fund, called New Yorkers for a Better Future Mayor '25 has yet to declare a favorite, but has both barrels locked on Mamdani. Under a similar name, this PAC marshalled support for more than a dozen corporate-friendly city council candidates early this year, with support from the pro-Israel hedge fund manager Bill Ackman and several major players in New York's real estate industry. It has announced a goal of raising $25 million to defeat Mamdani in November.
Axelrod said that the party leadership's fealty to these donors over the groundswell of support for Mamdani was "a mistake."
"He ran on the issue of affordability and on a kind of positive politics that got—as Bernie said—many, many young people in that city to involve themselves in the process," he said.
Axelrod also added that, despite Jeffries' claim that Mamdani has yet to win over voters in the House leader's district, the insurgent candidate, in fact, "carried Hakeem Jeffries' district" by a 12-point margin.
Former Sanders foreign policy adviser Matt Duss said that Axelrod's diagnosis of "donor pressure" was "correct."
"But," he said, "we should also be completely clear that 'donor pressure' is just a polite way of saying 'political corruption.'"
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Oligarchs 'Terrified' Democratic Socialist Mamdani Might Win NYC Mayoral Primary
"This is a tale that we're seeing across this country, where it's a battle of organized money versus organized people," Zohran Mamdani said on the eve of the election.
Jun 24, 2025
As New Yorkers head to the polls Tuesday to vote on the final day of the city's Democratic mayoral primary, support for democratic socialist state Assemblyman Zohran Mamdani is surging and billionaire backers of disgraced former Gov. Andrew Cuomo are in panic mode, with some even threatening to leave the nation's largest city should Mamdani prevail.
Polls showed Mamdani and Cuomo running neck-and-neck down the home stretch into primary day. An Emerson College Polling/PIX11/The Hill poll published on the eve of the election showed Cuomo with a slight lead in the first round of the city's ranked-choice primary, with Mamdani ultimately winning the race after eight simulated ranked-choice elimination rounds.
The prospect a Mamdani victory is deeply worrying to many of the Wall Street bankers, corporate executives, real estate developers, mega-landlords and others who are bankrolling Cuomo—who resigned as New York governor in 2021 amid an accelerating impeachment push driven by sexual harassment allegations from at least 11 women, which he denied. Backers include billionaire former Mayor Michael Bloomberg; financiers Bill Ackman and Dan Loeb; Wall Street titans Blair Effron, Steve Rattner, and Antonio Weiss; Palantir founder and co-CEO Alex Karp; and former President Bill Clinton.
Responding to a June 20 social media post by Mamdani backer Sen. Bernie Sanders (I-Vt.) asking why billionaires are pouring money into Cuomo's campaign, Loeb retorted that "they love New York and don't want it to turn into a hellscape like San Francisco, Chicago, or Portland."
Billionaire John Catsimatidis has threatened to sell or close his Gristedes supermarket chain should Mamdani become the city's next mayor, a threat that some observers view as hollow. Other tax-dodging billionaires have vowed to leave the city altogether if Mamdani gets elected.
Asked Monday by City & State New York reporter Sahalie Donaldson how the city's business community feels about Mamdani possibly being the next mayor, Kathryn Wylde, who heads the pro-corporate Partnership for New York City, replied, "terrified."
Mamdani—a 33-year-old first-generation U.S. citizen born to Indian parents in Uganda—would be New York's first Muslim mayor if elected, a possibility that has fueled Islamophobic bigotry in the five boroughs and beyond. The New York Police Department's hate crimes unit said last week that it is investigating several death threats against the candidate.
Endorsed by progressives including Sanders, Rep. Alexandria Ocasio-Cortez (D-N.Y.), former U.S. Labor Secretary Robert Reich, the Sunrise Movement, and New York Working Families Party, Mamdani has represented the 36th State Assembly District in Queens since 2021. His platform calls for free public childcare and city buses, a rent freeze on stabilized housing, and city-owned grocery stores.
Appearing on CBS' "The Late Show With Stephen Colbert" Monday night, Mamdani called the race "a referendum on where our party goes."
Like so many elections around the country, today is about organized money vs. organized people.I believe people will win.
[image or embed]
— Zohran Kwame Mamdani (@zohrankmamdani.bsky.social) June 24, 2025 at 5:04 AM
"What we're talking about is a race that has now seen the most-funded super PAC in New York City's municipal history, a race that is, you know, one that billionaires and corporations want to buy," Mamdani continued. "And this is a tale that we're seeing across this country, where it's a battle of organized money versus organized people."
"And ultimately, it's a question for our own party of how do we move forward," he added. "Do we move forward with the same politicians of the past, the same policies of the past, that delivered us this present, or do we move forward with a new generation of leadership, one that is actually looking to serve the people?"
Addressing Mamdani's surging poll numbers, Sanders said Tuesday on social media that "the New York establishment is running scared."
"Despite spending millions against him, Zohran was ahead in the last poll," the senator noted. "If New Yorkers come out in good numbers today, Zohran Mamdani can become New York City's next mayor. Let's make it happen. Please vote."
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The Billionaires Backing the Neoliberal 'Abundance Coachella' Gathering Draw Ire From Progressives
"Given the WelcomeFest lineup, it's clear that the donor class views Abundance as key to carrying out this self-serving crusade against populism."
Jun 03, 2025
Days after a national poll showed that the vast majority of Democratic voters want their party to focus on fighting corporate power and promoting policies that help working people instead of adopting the "Abundance" agenda pushed by centrist pundits and conservative Democrats, a watchdog revealed a new reason many voters may be unconvinced by the "Abundance universe."
According to an analysis by Revolving Door Project, the Abundance movement's political action committee counts a number of conservative, corporate-friendly billionaires among its funders, including members of the Walton family, former New York City billionaire Michael Bloomberg, and Wall Street executives Rob Granieri and Mark Heising.
The analysis was released the day before the centrist Welcome Party is set to host its annual event, WelcomeFest, featuring a lineup of speakers including U.S. Sen. Elissa Slotkin (D-Mich.), who has slammed progressives' use of the term "oligarchy," conservative Blue Dog Caucus chair Rep. Marie Gluesenkamp Perez (D-Wash.), and Derek Thompson, co-author of the book Abundance, which has been adopted in recent months a seminal text for politicians and commentators who reject progressives' demands for a true populist agenda.
The book argues partially that regulations and other bureaucratic "bottlenecks" make it harder to produce new housing and infrastructure.
"Given the WelcomeFest lineup, it's clear that the donor class views Abundance as key to carrying out this self-serving crusade against populism," said Henry Burke and Vishal Shankar of the Revolving Door Project.
Even more telling, said the group, is the list of donors to WelcomePAC, the Welcome Party's political action committee.
The PAC has received:
- More than $1.8 million since 2021 from LinkedIn co-founder Reid Hoffman, who opposed the Biden administration's antitrust policies and bankrolled campaigns to defeat progressives including former Rep. Cori Bush (D-Mo.) and former Ohio state Sen. Nina Turner;
- $625,000 from Samuel R. Walton, grandson of Walmart founder Sam Walton and owner of natural resources holding company;
- $150,000 from Carrie Walton Penner, granddaughter of Sam Walton and a donor to the anti-public education charter school movement; and
- $2.5 million from James Murdoch, estranged son of News Corp founder Rupert Murdoch, and his wife Kathryn.
"The 'Abundance' movement is funded by GOP mega-donors," said Turner.
As Burke and Shankar wrote, organizers of WelcomeFest—or "Abundance Coachella"—are seeking to juxtapose their event with "the purportedly left-wing" Democratic National Convention, rejecting so-called "purity tests" but failing to offer "a compelling explanation for why swing and red state voters are flocking to the progressive-populist fight against oligarchy."
As it promises to offer "a vision for a depolarized United States, WelcomeFest "proudly touts the label of 'centrist insurgency.'"
The Welcome Party attempted to convince five House Republicans to caucus with Democrats in its push for depolarization, but "failed spectacularly," wrote Burke and Shankar—suggesting that the party and its agenda are now really focused only on moderation in one of the major political parties.
In a column at Common Dreams on Sunday, Aaron Regunberg of Public Citizen noted that proponents of the Abundance agenda like Adam Jentleson, former chief of staff to Sen. John Fetterman (D-Penn.), have taken pains to dismiss comparisons between "populist and abundance messaging."
The recent poll by Demand Progress made the comparisons impossible to ignore, Regunberg argued, showing that 81.6% of respondents said they'd be much more likely to vote for a candidate who wanted to "get money out of politics, break up corporate monopolies, and fight corruption."
Just 47.7% said they would prefer a candidate who promised to reduce "regulations that hold back the government and private sector from taking action" for working and middle-class Americans.
"At a moment when Democrats' efficacy in defeating Trumpism carries such existential stakes, these survey results demonstrate why many of us on the left have found the campaign to make abundance the new face of the Democratic Party so deeply concerning," wrote Regunberg. "If abundance isn't going to help Democrats defeat MAGA, then abundance advocates—or at least the ones who care about ending Trumpism—should stop trying to 'define the future of the Democratic Party.' Let's leave that work to the Democrats who are trying to orient our party around a vision that voters actually do find compelling."
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