Topline
JPMorgan Chase CEO Jamie Dimon on Friday criticized New York City Mayor Zohran Mamdani’s tax proposals, calling his policies “embarrassing,” as state legislators are set to vote on an additional tax on single-family homes worth $5 million or more.
“Don’t try to raise more taxes or spend more money, sit down and fix policy,” the JPMorgan Chase executive said.
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Key Facts
“Don’t try to raise more taxes or spend more money,” Dimon told Fox News, adding, “It’s frustrating. It hurts. It’s embarrassing, and it always hurts the civilians of our country.”
This is a developing story.