Bill Ackman Backs Adams in NYC Mayor's Race

Billionaire investor Bill Ackman called on Andrew Cuomo to step aside from the New York City mayoral race and allow incumbent Eric Adams to take on democratic socialist Zohran Mamdani in November.

Ackman posted on X that he met with both the mayor and former governor this week and determined Adams “is ready to go to battle” with the 33-year-old Queens assemblyman, while Cuomo “is not up for the fight.”