Washington, D.C., August 24, 2025 — In a recent appearance on NewsNation, Nestpoint Managing Director John Thomas analyzed the political and financial momentum behind New York City mayoral candidate Zohran Mamdani, whose campaign has raised more than $1 million since his nomination—outpacing rivals Eric Adams and Andrew Cuomo by wide margins.
Thomas emphasized that Mamdani’s position in the race appears formidable. “He’ll probably be the next Mayor of New York City,” Thomas noted, pointing to Mamdani’s strong fundraising, polling lead, and campaign momentum. However, Thomas stressed that the broader significance lies not just in New York City politics, but in what this signals about the Democratic Party’s direction.
According to Thomas, much of Mamdani’s support is fueled by small-dollar, grassroots donations from across the country. This, he argued, reflects a surge of enthusiasm for the party’s hard-left flank, which could reshape national political dynamics in the upcoming midterms and beyond. “The intensity, including money and polling, seems to be for the hard left, and that should give pause to Democrats,” Thomas explained. He cautioned that while candidates like Mamdani may dominate local races, figures with similar ideologies—such as Rep. Alexandria Ocasio-Cortez—may struggle to win in a general election.
As the discussion shifted to California Governor Gavin Newsom’s attempts to mimic President Trump’s communication style, Thomas underscored the risks of political inconsistency. “I just can’t quite get what [Newsom’s] for, what he’s against,” Thomas said. “Really what he’s doing right now is just chasing attention. And I think that will come to haunt him as we go into the Democratic presidential cycle.”
Throughout the conversation, Thomas reinforced Nestpoint’s expertise in analyzing the political and economic forces shaping both state and national elections. His insights reflect the firm’s continued focus on providing clarity at the intersection of policy, leadership, and strategy.
The full interview originally aired on NewsNation and can be viewed here.
About Nestpoint
Nestpoint, with a global footprint, and a formidable presence in Washington, D.C., is a leading government affairs, finance and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations.
