Eric Adams was denied millions of dollars in public funds for his re-election bid because of his historic indictment – a massive blow to the embattled mayor’s campaign against a line-up of hungry challengers.
New York City Campaign Finance Board members ruled Monday that Hizzoner’s 2025 mayoral campaign would not be eligible, at least temporarily, for more than $4 million in public matching funds.
The rare decision by the non-partisan, five-member board to deny funds to a sitting mayor running for reelection prompted an equally rare explanation from Chair Frederick Schaffer, who said it had to do with the federal and city probes into Adams’ campaign fundraising.