Jamie Dimon tells NYC’s Mamdani to ‘grow and build’ or watch more jobs flee 89%

By Kristen Altus94%

5/22/2026, 3:36:26 PM

BS Summary: This article contains 27 faulty reasoning types, including False Dilemma, Post Hoc (False Cause), and Politically Right Leaning Bias, with Negativity Bias as the most egregious example at 26.5% saturation with 127 hits. Analysis detected 1,365 faulty-reasoning hits from 480 analyzed words, generating a BS Score of 81.5% and a BS Rank of 89% (2,550 of 21,887 articles). This article is worse (more manipulative) than 88.40% of the article peer group.

JPMorgan Chase Chairman and CEO Jamie Dimon put New York City’s new progressive mayor, Zohran Mamdani, on notice, telling the self-described ideologue that city governance is about lower crime and economic survival, not empty "morality" slogans. 
Following a high-stakes face-to-face meeting, the Wall Street titan openly criticized far-left tax talking points like "fair share" and warned that treating wealth creators as political punching bags is actively destroying the city’s talent pool. 
"Every city has to compete. 
And they have to compete at every level  arts, science, schools, that is what it is. 
I'm not inventing that, he can be an ideologue, he has to compete, too," Dimon said Thursday in a Bloomberg TV interview. 
"And we'll see: will he learn that he's got to make this city a place where people want to grow and build and live and have families and work?" 
he continued. 
"And he's gotta compete with Shanghai and Hong Kong and Singapore and Nashville, and people vote with their feet. 
So it isn't this morality thing that people talk about. 
It's like, are you building a great city with lower crime and stuff like that?" 
On Monday, Dimon and Mamdani met in person at the bank’s new headquarters in Manhattan, as the democratic socialist mayor intensifies outreach to Wall Street leaders following backlash over proposals to raise taxes on wealthy New Yorkers. 
The meeting was "constructive and the tone was friendly," a JPMorgan spokesperson told Reuters. 
According to City Hall, the pair discussed reducing government waste, cutting red tape tied to development projects and expanding public-private partnerships. 
JPMorgan said the conversation also focused on New York City’s competitiveness. 
"I don't care what he says. 
What does he do? 
I will judge that," Dimon said. 
"And so what actually happens, because you can talk about morality and ideology all you want, but if things don't get better, you didn't do a good job… And so, hopefully, he'll learn. 
I want him to do a good job. 
I'm not against him." 
The CEO also expanded on Mamdani’s controversial wealth tax proposals: "I don't think... people making under a certain amount [should] pay taxes at all. 
I would agree with that, but when they say, 'fair share,' what do they mean? 
They should give a number." 
Dimon added that New York City’s existing tax landscape "already" makes the Big Apple uncompetitive, with just 26,000 JPMorgan employees based there today versus 33,000 in Texas. 
"The Dallas mayor calls up all the time saying, 'What can I do to help you? 
I have land over here,' you know, and that is pro-business and pro-people-love-living there," he said. 
"New York’s a wonderful place too, but… [people] think that somehow being anti-business is going to help a city. 
It's not." 
FOX Business’ Bradford Betz contributed to this report. 
Article reasoning-pattern comparisonThis article: 17.5%Kristen Altus: 7.7%FoxBusiness: 4.4%Confirmation Bias17.5%This article: 0.0%Kristen Altus: 3.9%FoxBusiness: 3.4%Anchoring Bias0.0%This article: 9.6%Kristen Altus: 6.1%FoxBusiness: 4.1%Availability Heuristic9.6%This article: 0.0%Kristen Altus: 1.5%FoxBusiness: 1.1%Representativeness Heuristic0.0%This article: 0.0%Kristen Altus: 0.8%FoxBusiness: 0.7%Hindsight Bias0.0%This article: 4.6%Kristen Altus: 5.1%FoxBusiness: 3.7%Overconfidence Bias4.6%This article: 15.6%Kristen Altus: 17.1%FoxBusiness: 12.9%Framing Effect15.6%This article: 0.0%Kristen Altus: 2.2%FoxBusiness: 1.5%Loss Aversion0.0%This article: 12.7%Kristen Altus: 1.4%FoxBusiness: 1.1%Status Quo Bias12.7%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.2%Sunk Cost Effect0.0%This article: 1.7%Kristen Altus: 12.6%FoxBusiness: 8.8%Optimism Bias1.7%This article: 13.3%Kristen Altus: 2.9%FoxBusiness: 2.0%Pessimism Bias13.3%This article: 26.5%Kristen Altus: 9.3%FoxBusiness: 7.9%Negativity Bias26.5%This article: 2.5%Kristen Altus: 6.4%FoxBusiness: 4.5%Self-Serving Bias2.5%This article: 1.3%Kristen Altus: 1.1%FoxBusiness: 0.9%Fundamental Attribution Error1.3%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.2%Actor-Observer Bias0.0%This article: 7.9%Kristen Altus: 2.9%FoxBusiness: 1.7%In-Group Bias7.9%This article: 0.0%Kristen Altus: 1.1%FoxBusiness: 0.8%Out-Group Homogeneity Bias0.0%This article: 3.3%Kristen Altus: 4.2%FoxBusiness: 3.8%Halo Effect3.3%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.1%Horn Effect0.0%This article: 0.0%Kristen Altus: 0.1%FoxBusiness: 0.0%Dunning-Kruger Effect0.0%This article: 0.0%Kristen Altus: 2.4%FoxBusiness: 2.3%Recency Bias0.0%This article: 0.0%Kristen Altus: 0.4%FoxBusiness: 0.4%Primacy Effect0.0%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.1%Blind-Spot Bias0.0%This article: 11.9%Kristen Altus: 1.0%FoxBusiness: 0.8%Ad Hominem11.9%This article: 6.0%Kristen Altus: 1.1%FoxBusiness: 0.4%Straw Man6.0%This article: 2.9%Kristen Altus: 8.1%FoxBusiness: 7.2%Appeal to Authority2.9%This article: 23.5%Kristen Altus: 2.9%FoxBusiness: 1.6%False Dilemma23.5%This article: 0.0%Kristen Altus: 2.2%FoxBusiness: 1.2%Slippery Slope0.0%This article: 0.0%Kristen Altus: 0.2%FoxBusiness: 0.2%Circular Reasoning0.0%This article: 12.5%Kristen Altus: 12.3%FoxBusiness: 6.3%Hasty Generalization12.5%This article: 0.0%Kristen Altus: 0.8%FoxBusiness: 0.8%Red Herring0.0%This article: 0.0%Kristen Altus: 2.3%FoxBusiness: 1.2%Bandwagon0.0%This article: 0.0%Kristen Altus: 8.3%FoxBusiness: 6.1%Appeal to Emotion0.0%This article: 7.3%Kristen Altus: 2.0%FoxBusiness: 1.2%Begging the Question7.3%This article: 20.6%Kristen Altus: 5.5%FoxBusiness: 4.4%Post Hoc (False Cause)20.6%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.1%Tu Quoque0.0%This article: 4.6%Kristen Altus: 0.7%FoxBusiness: 0.4%Burden of Proof4.6%This article: 0.0%Kristen Altus: 0.3%FoxBusiness: 0.1%Appeal to Nature0.0%This article: 0.0%Kristen Altus: 0.6%FoxBusiness: 0.3%Composition/Division0.0%This article: 10.6%Kristen Altus: 5.9%FoxBusiness: 2.4%Anecdotal10.6%This article: 0.0%Kristen Altus: 0.2%FoxBusiness: 0.1%No True Scotsman0.0%This article: 7.1%Kristen Altus: 2.4%FoxBusiness: 1.9%Ambiguity (Equivocation)7.1%This article: 0.0%Kristen Altus: 0.0%FoxBusiness: 0.0%Gambler’s Fallacy0.0%This article: 0.0%Kristen Altus: 0.1%FoxBusiness: 0.1%Middle Ground0.0%This article: 0.0%Kristen Altus: 0.1%FoxBusiness: 0.1%Personal Incredulity0.0%This article: 0.0%Kristen Altus: 0.7%FoxBusiness: 0.3%Special Pleading0.0%This article: 0.0%Kristen Altus: 0.5%FoxBusiness: 0.2%Genetic Fallacy0.0%This article: 11.0%Kristen Altus: 1.9%FoxBusiness: 1.8%Unattributed Quote11.0%This article: 5.6%Kristen Altus: 1.4%FoxBusiness: 1.4%Quote-first Misdirection5.6%This article: 15.0%Kristen Altus: 6.0%FoxBusiness: 4.1%Biased Writer Voice15.0%This article: 9.2%Kristen Altus: 1.5%FoxBusiness: 1.7%Indoctrination9.2%This article: 0.0%Kristen Altus: 0.1%FoxBusiness: 0.1%Politically Left Leaning Bias0.0%This article: 20.0%Kristen Altus: 4.4%FoxBusiness: 2.1%Politically Right Leaning Bias20.0%This article: 0.0%Kristen Altus: 4.1%FoxBusiness: 4.4%Attempt to Sell a Product or S…0.0%

480 words analyzed.

Speakers

4speakers73%attributed speech132writer words
Voice mapSelect a segment to jump to its words
Writer's voice • 14 words • 100.0% coverageWriter's voice • 36 words • 100.0% coverageWriter's voice • 35 words • 100.0% coverageJamie Dimon • 5 words • 100.0% coverageJamie Dimon • 17 words • 0.0% coverageJamie Dimon • 22 words • 100.0% coverageJamie Dimon • 29 words • 100.0% coverageWriter's voice • 2 words • 0.0% coverageJamie Dimon • 19 words • 0.0% coverageJamie Dimon • 10 words • 0.0% coverageJamie Dimon • 15 words • 100.0% coverageWriter's voice • 37 words • 100.0% coverageJPMorgan spokesperson • 14 words • 0.0% coverageCity Hall • 21 words • 100.0% coverageJPMorgan • 11 words • 0.0% coverageJamie Dimon • 6 words • 100.0% coverageJamie Dimon • 4 words • 0.0% coverageJamie Dimon • 6 words • 0.0% coverageJamie Dimon • 33 words • 0.0% coverageJamie Dimon • 8 words • 0.0% coverageJamie Dimon • 4 words • 0.0% coverageJamie Dimon • 24 words • 100.0% coverageJamie Dimon • 15 words • 0.0% coverageJamie Dimon • 5 words • 0.0% coverageJamie Dimon • 27 words • 100.0% coverageJamie Dimon • 16 words • 100.0% coverageJamie Dimon • 16 words • 0.0% coverageJamie Dimon • 19 words • 0.0% coverageJamie Dimon • 2 words • 0.0% coverageWriter's voice • 8 words • 0.0% coverage
Selected voice

Jamie Dimon

97%flagged-word coverage
302 attributed words87% of attributed speech92% writer coverage
0%27.5%55.0%Politically Right Leaning -46.6 ptsWriter: 54.5%Jamie Dimon: 7.9%7.9%Biased Writer Voice-30.6 ptsWriter: 37.9%Jamie Dimon: 7.3%7.3%Indoctrination+14.6 ptsWriter: 0.0%Jamie Dimon: 14.6%14.6%Unattributed Quote+10.6 ptsWriter: 0.0%Jamie Dimon: 10.6%10.6%Quote-first Misdirection+8.9 ptsWriter: 0.0%Jamie Dimon: 8.9%8.9%

Attribution is sentence-level. Pattern percentages are calculated only from words assigned to that voice.

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Analysis

Hover over highlighted words in the article to view the associated bias or fallacy analysis.