Trump Praises Griffin, Warns Mamdani Not to ‘Tax People Out’ (1)

May 12, 2026, 2:44 PM UTC

President Donald Trump urged New York Mayor Zohran Mamdani to do more to satisfy Ken Griffin, saying that it’s “not recoverable” for the city to lose business figures like him.

The Citadel founder has been locked in a tussle with Mamdani, vowing to make the hedge fund’s planned Miami tower even larger after the mayor called out the billionaire by name in his pledge to raise taxes on second homes.

Citadel CEO Ken Griffin
Photographer: Aaron Schwartz/Bloomberg

“When you lose people like that, it’s sort of not recoverable,” Trump said Tuesday in an interview with New York radio host Sid Rosenberg. “You don’t want to ...

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