Eric Adams’ reelection bid is going through a watershed second Monday when the town Marketing campaign Finance Board is anticipated to resolve whether or not to grant the indicted mayor thousands and thousands in public matching funds.
Adams, who is anticipated to face trial in April to combat federal corruption costs that embody 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 gives 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 possible invalid — together with half masking donations obtained from July to October, The Metropolis reported citing information launched this week.
CFB honchos have stated they’re reviewing Adams’ federal indictment as they weigh the mayor’s request for public funds.
The board may additionally reject Adams primarily based on irregularities together with his 2021 marketing campaign.
Both approach, the mayor’s political conflict chest will probably be removed from empty. Adams’ marketing campaign by Oct. 7 had already raised $4.1 million and had $3.1 million in hand, information present.
