Trump Endorses Cuomo, Warns NYC Funding Cut If Socialist Mamdani Wins

In the 2025 New York City mayoral race, Democratic candidate Zohran Mamdani, aiming to become the city's first Muslim mayor and the youngest in a century, leads with a platform including rent control and free childcare. President Donald Trump has controversially endorsed Mamdani's main rival, former governor Andrew Cuomo, whom he favors over Mamdani, labeling the latter a communist and threatening to cut federal funding to the city if Mamdani wins. Cuomo has downplayed Trump's endorsement, asserting he can stand up to Trump and secure necessary federal support for New York. Mamdani criticized Cuomo for accepting Trump's backing, warning that Cuomo's victory would worsen the city's challenges. Despite Trump's threats and endorsement, Mamdani maintains a significant lead in polls, with early voting records suggesting strong support. Additionally, market activity reflects growing interest and speculation on Trump's potential endorsement and the overall mayoral election outcome.