{"id":2623225,"date":"2026-07-03T09:46:00","date_gmt":"2026-07-03T13:46:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/business-leader-calls-on-new-york-city-to-resist-mamdani\/"},"modified":"2026-07-03T09:47:00","modified_gmt":"2026-07-03T13:47:00","slug":"business-leader-calls-on-new-york-city-to-resist-mamdani","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/business-leader-calls-on-new-york-city-to-resist-mamdani\/","title":{"rendered":"Business Leader Calls on New York City to Resist Mamdani"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbusiness-leader-calls-on-new-york-city-to-resist-mamdani%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2623225&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Ken Griffin, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/major-ceos-back-call-not-to-hire-pro-hamas-harvard-students\/\" title=\"CEOs Support Decision to Avoid Hiring Pro-Hamas Harvard Students\">billionaire hedge fund founder<\/a>, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/khan-urges-green-investment-snipes-at-truss-policies\/\" title=\"Khan urges green investment, snipes at Truss policies\">urged business leaders<\/a> in New York City too oppose the city&#8217;s socialist policies under Mayor Zohran Mamdani. Griffin emphasized that if voices aren&#8217;t raised, NYC risks losing talent adn business, which could harm its economy. He highlighted that his company, Citadel, maintains a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nasas-artemis-moon-rocket-mission-scheduled-for-august-in-first-step-toward-humans-returning-to-moon\/\" title=\"NASA\u2019s Artemis Moon Rocket Mission Scheduled For August In First Step Toward Humans Returning To Moon\">long-term presence<\/a> in Manhattan despite political challenges and planned tax increases. Griffin also noted ongoing disputes with Mamdani over progressive tax policies and indicated plans to meet with the mayor soon. Critics warn that antagonizing high earners might lead wealthy individuals to relocate, perhaps shrinking the city&#8217;s tax base and economic vitality.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>Ken Griffin, the billionaire founder of hedge fund Citadel, urged business leaders to resist the socialism of New York City Democratic Mayor Zohran Mamdani, warning that the Big Apple\u2019s business environment will otherwise be destroyed.<\/p>\n<p>Griffin said at a June 18 event in Manhattan that business leaders \u201cneed to find their voice and fight for their city,\u201d per a <a href=\"https:\/\/www.foxbusiness.com\/politics\/ken-griffin-fires-back-mamdani-says-business-leaders-must-fight-city\" target=\"_blank\" rel=\"noopener\">report<\/a> from Fox Business.<\/p>\n<p>\u201cMy advice is to speak up. What\u2019s the worst that\u2019s going to happen? It will be that New York empties of talent and that\u2019s a catastrophe,\u201d he cautioned.<\/p>\n<p>\u201cIf the mayor wants to say a few words about you, your record speaks for itself: You create jobs, you create value and you pay taxes.\u201d<\/p>\n<p>Griffin, who moved his primary residence from Chicago to Miami in recent years, has a net worth of $48.3 billion.<\/p>\n<p>Citadel has two <a href=\"https:\/\/www.citadel.com\/who-we-are\/office-locations\/new-york\/\" target=\"_blank\" rel=\"noopener\">offices<\/a> in Midtown Manhattan, one on Park Avenue and one on 5th Avenue.<\/p>\n<p>\u201cEverything should be viewed through the lens of, Citadel will be here far longer than he\u2019ll be mayor,\u201d Griffin continued.<\/p>\n<p>Fox Business noted that Griffin and Mamdani, a self<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-messenger-matters-latino-republicans-in-congress-reflect-on-gop-gains-with-hispanics\/\" title=\"\u2018The Messenger Matters\u2019: Latino Republicans In Congress Reflect On GOP Gains With Hispanics\">-proclaimed democratic socialist<\/a>, have publicly sparred in recent months over the latter\u2019s progressive tax policy.<\/p>\n<p>Mamdani even filmed a video outside of Griffin\u2019s luxury property in New York City to draw attention to his proposed tax on second homes worth over $5 million.<\/p>\n<p>Griffin will speak with Mamdani \u201cat some point in the months ahead.\u201d<\/p>\n<p>\u201cLet\u2019s see where he is on the state of policy at that time,\u201d he added.<\/p>\n<p>\u201cActions speak louder than words.\u201d<\/p>\n<p>Some critics have warned that Mamdani will drive away the city\u2019s tax base if he continues antagonizing business leaders and high earners.<\/p>\n<p>Charles Gasparino <a href=\"https:\/\/nypost.com\/2026\/05\/09\/business\/mamdani-has-made-enemies-with-nyc-business-leaders-after-griffin-video-fiasco\/\" target=\"_blank\" rel=\"noopener\">wrote<\/a> for the New York Post on May 9 that an unnamed New York City finance tycoon is likewise weighing a move to Miami.<\/p>\n<p>\u201cHe employs plenty of people \u2014 from highly compensated executives to <a href=\"https:\/\/amzn.to\/3YuVZYV\" >middle-class support staff<\/a>. They all pay their taxes in addition to their mortgages and grocery bills. They drop plenty of cash at the Big Apple\u2019s restaurants and theaters,\u201d Gasparino noted.<\/p>\n<p>\u201cThe higher-ups are big donors to local charities, the museums and the opera,\u201d he added.<\/p>\n<p>\u201cHe says he hasn\u2019t made up his mind just yet but based on the tenor of our conversation, he has at least one foot out the proverbial door. He\u2019s serious.\u201d<\/p>\n<div style=\"background-color: #f7f7f7; color: #171717; display: flex;font-size: 16px;font-weight: 600;line-height: 1.5;margin: 24px 0;padding: 18px 20px 18px 30px;text-align: left;\">\n<div style=\"align-self: stretch;border-left: 3px solid #171717;flex-shrink: 0;padding-left: 20px;\"><\/div>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.westernjournal.com\/\">Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization<\/a><\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey == typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts = { \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs = [ 'name', '', 'message' ];  \t\t\t\t\tfor( var i = 0; i < inputs.length; i++ ) if( ! 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