President Trump and New York City Mayor-elect Zohran Mamdani will meet at the White House on Friday, both sides said Why it matters: Trump has for months criticized Mamdani and again referred to the democratic socialist as a "Communist" in his Truth Social announcement Wednesday night.

The president has threatened to cut off federal funding to New York City.

A packed White House dining room turned into a political war room on Wednesday night as some of the richest and most powerful figures in American finance met with President Donald Trump to talk about one target,