Bill Ackman backs Cuomo for NYC mayor and urges Adams to step aside in stunning U-turn

Source: New York Post

Billionaire Bill Ackman announced he is now backing Andrew Cuomo in New York City’s mayoral race — in a dramatic about-face after he previously endorsed Mayor Eric Adams, claiming the former New York governor did not have the energy to defeat surging socialist Zohran Mamdani. “Eric has been a charismatic and high-energy leader who has shown real empathy and provided critical moral and other support to NY communities in their time of need,” the hedge fund titan wrote in a late-night X post Thursday. “All of that said, Eric should step aside and not run for reelection.