FINANCE

Billionaire Investor Bill Ackman Says Mamdani’s Policies Will Make New York City Worse: ‘Socialism is a Disaster’ (VIDEO)

The Gateway Pundit — August 07, 2026 at 03:29 AM UTC

■ Source Bias Analysis 5 ratings found

LEFTLEAN LEFTCENTERLEAN RIGHTRIGHT

MBFC FAKE NEWS Factual: FAKE

AllSides RIGHT Confidence: high

Ad Fontes FAR RIGHT Reliability: 14.2/64

Ground News RIGHT

Wikipedia DEPRECATED The Gateway Pundit

CONSENSUS: Right

▶ View on Ground News →

Billionaire investor Bill Ackman is sounding the alarm about NYC Mayor Zohran Mamdani, saying his policies will make the city's problems like housing and energy costs even worse.

The post Billionaire Investor Bill Ackman Says Mamdani’s Policies Will Make New York City Worse: ‘Socialism is a Disaster’ (VIDEO) appeared first on The Gateway Pundit.