Learn about Mayor Eric Adams’s federal bribery charges and how his challengers are preparing for a potential election before the June primary.
The recent quarterly fund-raising reporting deadline in New York City has brought about increased interest due to Mayor Eric Adams facing a five-count federal indictment and several Democratic primary challengers. The focus was on whether Mayor Adams would experience a drop in donations and which candidates would capitalize on his challenges.
As of Friday, the fund-raising disclosures for Mayor Adams were not yet reported by the New York City Campaign Finance Board. It remains unclear if the mayor’s campaign submitted disclosures on time, late, or not at all. Vito Pitta, a compliance lawyer for the Adams campaign, did not provide any comments on the matter. On the other hand, Brad Lander, the city comptroller and one of Mr. Adams’s Democratic rivals, announced that he had raised nearly a million dollars for his mayoral campaign. This amount positioned him well to potentially qualify for $3.5 million in taxpayer funds through the city’s matching funds program.
The matching funds program offers candidates $8 for every dollar donated by a city resident, up to the first $250. Mr. Lander expressed confidence in his ability to qualify for the maximum matching funds, allowing him to reach the $7.93 million spending cap for a primary or special election in the event of Mayor Adams’s resignation or removal. Additionally, Mr. Lander led in fundraising during the three-month reporting period ending on Oct. 7, gathering over $315,000.
The upcoming mayoral race in New York City is shaping up to be highly competitive, with Mayor Adams facing legal challenges and strong contenders like Brad Lander vying for the opportunity to lead the city. The fund-raising efforts of the candidates will play a crucial role in determining their campaign viability and ability to reach voters effectively. Stay tuned for further updates on the unfolding political developments in New York City.
Source: The NY Times
