The Economic Times

Sit down and fix policy...: JPMorgan Chase CEO Jamie Dimon reveals his warning to NYC Mayor Zohran Mamdani

JPMorgan CEO Jamie Dimon shared insights from his meeting with NYC Mayor Zohran Mamdani, describing it as pleasant yet direct. Dimon urged against raising taxes and increasing spending, advocating for policy fixes instead. He also raised concerns about Mamdani's administrative experience and the potential for ideology to hinder practical governance, particularly regarding the proposed 'pied-a-terre' tax.