New York City Mayor Eric Adams’ reelection campaign has been denied millions of public matching funds, a major blow for the mayor who is seeking a second term despite facing a spring trial on federal corruption charges. The New York City Campaign Finance Board, an independent agency which administers the city’s taxpayer-funded program, issued its ruling on Monday, citing Adams’ legal troubles and a lack of adherence to their rules.
The board stated that there is reason to believe the Adams campaign has engaged in conduct detrimental to the matching funds program in violation of the law, including the campaign finance act and board rules. Adams has been accused of soliciting and accepting straw donations for his 2021 and 2025 campaigns, with prosecutors alleging that donations from foreign nationals were illegally funneled into the campaign account. Adams has pleaded not guilty and denied any wrongdoing.
