• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

3

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

3

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
PoliticsElection Live

Billionaires, oligarchs targeted as Bernie, AOC rally supporters for Zohran Mamdani’s ‘movement of the masses’

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
October 27, 2025, 4:55 AM ET
Bernie, Zohran
New York City mayoral candidate Zohran Mamdani, right, hugs Sen. Bernie Sanders, I-Vt., before speaking during a rally, Sunday, Oct. 26, 2025, in New York. AP Photo/Heather Khalifa

New York mayoral candidate Zohran Mamdani rallied supporters Sunday with heavyweight support from U.S. Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez as the race enters its final stretch, telling a raucous crowd that his campaign is a “movement of the masses.”

Recommended Video

Mamdani, the Democratic nominee, took the stage at a small stadium in Queens where he and two of the nation’s leading progressives pitched his candidacy as a force to take on billionaires and “oligarchs” who have thrown money and support behind his opponents.

“When you insist on building a coalition with room for every New Yorker, that is exactly what you create: a tremendous force,” Mamdani said. “This, my friends, was your movement, and it always will be.”

As the crowd chanted his name, Mamdani reiterated plans to hire thousands of new teachers, renegotiate city contracts, freeze rent increases for the city’s 1 million rent-regulated apartments, build more affordable housing and provide universal child care.

With early voting underway ahead of Election Day on Nov. 4, Mamdani, a democratic socialist, is in an increasingly caustic race with former Gov. Andrew Cuomo, who is running as an independent candidate after losing the Democratic primary to Mamdani, and Republican Curtis Sliwa, who campaigned Sunday in Queens.

Cuomo has sought to cast Mamdani, a 34-year-old state assemblymember, as a naive candidate whose agenda would damage the city. In a radio interview Sunday morning, Cuomo argued that he is the real Democrat in the race while saying Mamdani’s democratic socialism would result in an exodus of residents and businesses.

“The socialists want to take over the Democratic Party. That’s what Bernie Sanders is all about. That’s what AOC is all about,” Cuomo said, adding, “He wins, book airline tickets for Florida now.”

Cuomo resigned as governor in 2021 following a barrage of sexual harassment allegations that he denies. Mamdani has often pressed Cuomo over the allegations, and on Sunday he told the crowd that it is time to leave behind the former governor’s “playbook of the past.” But he urged supporters not to take his lead in the polls for granted and to turn out to vote.

“We cannot allow complacency to infiltrate this movement,” Mamdani said.

Sanders and Ocasio-Cortez have supported his campaign for months including before the Democratic primary in June. On Sunday they cast Mamdani as an antidote to what they called the creeping authoritarianism of President Donald Trump’s administration.

Ocasio-Cortez, whose district includes Queens, said a victory for Mamdani will send a message nationally that a progressive message can prevail.

“It is not a coincidence that the very forces that Zohran is up against in this race mirrors what we are up against nationally … an authoritarian, criminal presidency fueled by corruption and bigotry, and an ascendant right-wing extremist movement,” she said.

Sanders said a Mayor Mamdani would represent “not the billionaire class” but working families.

“In the year 2025, when the people on top have never, ever had so much economic and political power, is it possible for ordinary people, for working class people, to come together and defeat those oligarchs?” Sanders said. “You’re damn right we can.”

Under the slogan “New York Is Not For Sale,” the rally featured rousing speeches from religious and labor leaders along with state elected officials including Gov. Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie. The event was emceed by Sarah Sherman of “Saturday Night Live.”

Mamdani recently received an endorsement from House Minority Leader Hakeem Jeffries, a moderate New York Democrat. Jeffries, in a statement, said he has disagreements with Mamdani but supports him as the nominee, adding that the party should unify against Republicans and Trump.

Incumbent Mayor Eric Adams abandoned his reelection campaign and endorsed Cuomo.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Secret Service shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected
Europegun violence
Secret Service shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected
By Darlene Superville, Alanna Durkin Richer and The Associated PressMay 23, 2026
2 hours ago
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
PoliticsRussia
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
By The Associated PressMay 23, 2026
4 hours ago
U.S. reaches limit of sanctions power in targeting Iran’s economy
PoliticsIran
U.S. reaches limit of sanctions power in targeting Iran’s economy
By Magdalena Del Valle and BloombergMay 23, 2026
4 hours ago
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingDonald Trump
Trump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
5 hours ago
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
PoliticsIran
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
By Jason MaMay 23, 2026
5 hours ago
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
PoliticsIran
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
By Munir Ahmed, Samy Magdy, Matthew Lee and The Associated PressMay 23, 2026
6 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
3 days ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Elon Musk's SpaceX IPO filing just told us what business he's betting on for the future—and it's not rockets
Investing
Elon Musk's SpaceX IPO filing just told us what business he's betting on for the future—and it's not rockets
By Shawn TullyMay 23, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.