U.S. President Donald Trump endorsed former New York Governor Andrew Cuomo in a last-minute social media post on November 3, 2025, as New Yorkers headed to the polls for a historic mayoral election. Trump backed Cuomo over his progressive rival, Zohran Mamdani, on Truth Social, telling voters they "really have no other choice" and that "you must vote for him, and hope he does a fantastic job." He also claimed it would be highly unlikely for him to contribute federal funds to New York City outside limited requirements if Mamdani wins.
Prediction market data from Kalshi shows Mamdani with a 92% chance of winning overall, but within New York City, 49% of traders bet on Cuomo compared to 40% for Mamdani. Statewide, Cuomo holds an 11-point lead, while Mamdani's support is concentrated among younger voters and out-of-state traders. Cuomo has garnered backing from crypto-aligned groups, including Innovate NY PAC, which focuses on digital opportunity and technology-driven solutions. Eddie Cullen, Chair of Innovate NY PAC, stated that Cuomo "brings the leadership, experience, and vision to make New York City the global leader in innovation."
Cuomo, running as an independent, has emphasized a tech-driven agenda, vowing to position New York City as a global hub for cryptocurrency and artificial intelligence to attract investment and create jobs. However, his past paid advisory work for OKX, a crypto exchange that settled a $504 million federal case for compliance violations, has drawn scrutiny over potential conflicts of interest. The election outcome is seen as pivotal for crypto policy in the city, with Cuomo as the only major pro-crypto candidate after Eric Adams exited the race.
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