The re-election of Eric Adams faces a watershed second Monday, when town’s marketing campaign finance board is predicted to resolve whether or not to supply the embattled mayor with hundreds of thousands in public funds.
Adams, who is predicted to look in court docket in April to battle federal corruption charges involving alleged marketing campaign fraud, will face an uphill battle in June’s crowded Democratic major if the board rejects his request for matching funds, which supplies candidates with $8 for each greenback New Yorkers donate as much as the primary $250 , pocketed.
Adams’ marketing campaign is searching for $4.5 million, however the CFB has already flagged a 3rd of the claims as presumably invalid — together with half protecting donations obtained from July to October. City reported citing data launched this week.
CFB honchos mentioned they’re reviewing Adams’ federal indictment as they weigh the mayor’s request for public funds.
The board might additionally reject Adams based mostly on irregularities in his 2021 marketing campaign.
Both means, the mayor’s political chest is way from empty. Adams’ marketing campaign had already raised $4.1 million and had $3.1 million available as of Oct. 7. records show.