Eric Adams’ reelection bid is going through a watershed second Monday when town Marketing campaign Finance Board is anticipated to determine whether or not to grant the indicted mayor tens of millions in public matching funds.
Adams, who is anticipated to face trial in April to combat federal corruption costs that embrace alleged marketing campaign fraud, would face a steep uphill battle in a packed June Democratic major ought to the board reject his matching funds request, which supplies candidates $8 for every buck donated by New Yorkers as much as the primary $250 pocketed.
Adams’ marketing campaign is in search of $4.5 million, however the CFB has already flagged one-third of the claims as seemingly invalid — together with half masking donations acquired from July to October, The Metropolis reported citing data launched this week.
CFB honchos have mentioned they’re reviewing Adams’ federal indictment as they weigh the mayor’s request for public funds.
The board may additionally reject Adams based mostly on irregularities along with his 2021 marketing campaign.
Both approach, the mayor’s political battle chest will probably be removed from empty. Adams’ marketing campaign via Oct. 7 had already raised $4.1 million and had $3.1 million in hand, data present.
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