Zohran Mamdani, a socialist-leaning candidate for New York City mayor, has received a $250,000 donation from Elizabeth Simons, daughter of the late billionaire hedge fund founder James Simons. This contribution is the largest single donation to Mamdani's super PAC, New Yorkers for Lower Costs, which has raised nearly $1.8 million from approximately 300 donors. Mamdani's campaign promotes policies such as rent freezes and city-run stores, appealing to voters seeking socialist-style benefits. Meanwhile, Texas Democrat James Talarico, known for criticizing GOP billionaire influence in politics, has accepted $59,000 from Miriam Adelson, a prominent Trump-supporting megadonor and influential figure in efforts to legalize gaming in Texas. Adelson's financial support for Talarico is notable given her Republican ties and represents an unusual cross-party donation.
Wealthy donor is Miriam Adelson, who has been working to get gaming legalized in Texas for years. She has spent a fortune on lobbyists and on politicians, including the Dem darling of the moment in TX. Highly unusual, if not unprecedented for any Dem to take $ from her or Sands. https://t.co/gdIcwwCMDS
BREAKING: Hedge fund heir Elizabeth Simons donates $250K to the pro-Zohran Mamdani super PAC, the largest single contribution so far The super PAC, New Yorkers for Lower Costs, has raised nearly $1.8M from about 300 donors to support Zohran Mamdani’s NYC mayoral campaign https://t.co/boJlAgViGn
Texas Democrat who rails against billionaire cash takes $59K from Trump-backing megadonor https://t.co/g6lXQWtMCv