JPMorgan CEO Jamie Dimon won’t be making an endorsement in the NYC mayoral race, his spokesperson tells Vanity Fair. Although Dimon has said democratic socialist Zohran Mamdani is “more a Marxist than a socialist,” and criticized Democrats for “falling all over themselves” to support his policies—which the banker has called “ideological mush that means nothing in the real world”—he’s not actually allowed to endorse a candidate because JPMorgan is “involved in municipal underwriting,” the spokesperson says. Billionaire Bill Ackman has ditched Andrew Cuomo for Eric Adams, and Balthazar owner Keith McNally has said he believes Mamdani “is fantastic,” particularly because his “affluent, paranoid friends [claim] Mamdani's dangerous.”

Yes, to quote a famous New Yorker , the Ne

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