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NYC Mayor Eric Adams faces critical decision on public matching funds


Eric Adams’ re-election bid He faces a crucial moment Monday when the city campaign finance board is expected to decide whether to grant the convicted mayor millions in public matching funds.

Adams, who is expected to stand trial in April for fighting federal corruption charges That also includes alleged campaign fraud. He faces an uphill battle in the Democratic primary in June if the board rejects his matching fund request, which previously allowed candidates to receive up to $250 for every penny donated by New Yorkers. Offers $8.


On Monday, the Campaign Finance Board will decide whether to award millions of dollars in public funds to Mayor Adams. getty images

Adams’ campaign is seeking $4.5 million, but the CFB has already declared one-third of the claims potentially invalid — including half covering donations received from July to October. The city has informed Citing records released this week.

CFB chiefs have said they are reviewing Adams’ federal indictment as they consider the mayor’s request for public funding.

The board could also reject Adams based on irregularities in his 2021 campaign.

Either way, the mayor’s political coffers will not be empty. As of October 7, Adams’ campaign had already raised $4.1 million and had $3.1 million on hand, Records show.

(TagstoTranslate)Metro(T)US News(T)Campaign Finance(T)Eric Adams(T)Eric Adams Impeachment(T)NYC Mayoral Election

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