Trump’s Warning To Ocasio-Cortez And Mamdani

The Trump Administration has made things crystal clear.

Treasury Secretary Scott Bessent delivered a stark warning on Wednesday, making it clear that if far-left socialist Zohran Mamdani becomes mayor of New York City and pushes his radical progressive agenda, the city will face economic collapse — and Washington will NOT come to the rescue under President Donald Trump’s administration.

Speaking with Maria Bartiromo on FOX Business’ Mornings with Maria, Bessent did not hold back when discussing the financial future of America’s largest city.

“I guarantee you — and there aren’t many things in life that are certain — but if Mamdani’s policies are put in place, New York City will come crawling to the federal government for a bailout,” Bessent warned.

When Bartiromo asked point-blank whether he would approve such a bailout, Bessent fired back with a line that sent shockwaves through political circles:

“It will be the same thing Gerald Ford said decades ago: Drop dead.”

Bessent Sounds the Alarm: “New York Will Lose Its Tax Base”

Bessent, a respected Wall Street veteran, doubled down, warning that Mamdani’s plans would drive out high earners and job creators, leaving the city bankrupt.

“You can’t implement policies like this and expect to be bailed out,” he said. “All the high earners, all the businesses will leave. Over the past five years, we’ve already seen the largest transfer of wealth in U.S. history — from Manhattan to Palm Beach.”

This alarming prediction comes as New York voters consider handing control of the city to Mamdani, a 33-year-old self-described Democratic Socialist closely aligned with Rep. Alexandria Ocasio-Cortez (AOC) and other far-left progressives.

Mamdani’s Radical Agenda: Freebies and Big Government Control

Mamdani has built his campaign on promises of “affordability”, but his proposals have Wall Street and business leaders deeply concerned.

His plans include:

• Free public buses at taxpayer expense
• City-owned grocery stores, eliminating private competition
• Rent freezes on rent-stabilized units
• Expanded big-government control over New York’s economy

These ideas have been hailed by progressives like AOC but condemned by conservatives and financial experts who warn they will crush small businesses and drive the middle class out of the city.

Wall Street and Business Leaders Revolt

Mamdani’s underdog victory in the Democratic primary stunned political observers and sent shockwaves through Wall Street.

Billionaire hedge fund manager Bill Ackman immediately pledged to finance a rival candidate, vowing to protect New York City from what he calls “economic suicide.”

In a post on X (formerly Twitter), Ackman didn’t mince words:

“Mamdani’s financial plan would destroy jobs, drive out businesses, and force wealthy taxpayers to flee New York. Socialism has NO place in the economic capital of the United States.”

Trump Administration’s Firm Stand Against Socialist Bailouts

Bessent’s statement reflects the broader stance of President Trump’s administration, which has repeatedly rejected socialist policies promoted by AOC, the far-left “Squad,” and progressive Democrats.

By declaring “no bailout”, Bessent is sending a clear message:

If cities like New York embrace socialism, they will face the consequences on their own — without federal taxpayers footing the bill.

What’s at Stake for New Yorkers

New York City, once known as the financial capital of the world, is now at a crossroads. With crime on the rise, taxes skyrocketing, and middle-class families fleeing to states like Florida and Texas, many fear Mamdani’s agenda will accelerate the decline.

If Mamdani wins the general election, experts warn of:

• Mass business closures and job losses
• Record-high taxes driving out remaining high earners
• Plummeting property values as families flee
• A deeper dependence on federal aid — which Bessent and Trump say will never come

Bottom Line: Socialism Has No Place in America

Bessent’s fiery remarks are more than just a warning to Mamdani. They are a wake-up call to voters across the nation: Socialist policies lead to failure, higher taxes, and economic ruin.

With New York at risk of becoming a cautionary tale, the 2025 mayoral race will send a powerful message about whether America chooses prosperity and freedom — or socialism and decline.