- Billionaire investor Bill Ackman has announced his entry into the New York City mayoral race.
- Ackman has issued a warning to fellow candidate Curtis Sliwa, urging him to withdraw from the race.
- The call for Sliwa’s withdrawal is based on polling data from Polymarket, which suggests that Mamdani holds a 90% probability of winning the election.
- Ackman’s announcement seems to be strategic, aiming to consolidate support against Mamdani by reducing the number of competing candidates.
- The situation sets up a notable political dynamic with high-profile personalities, including a billionaire investor and a long-time local activist, vying for New York City’s top political office.
Source: https://www.foxnews.com/politics/bill-ackman-jumps-nyc-mayoral-fight-says-sliwa-must-drop-we-toast)