NYC Mayor's Race: Cuomo's campaign gets $2.3M matching funds boost from Campaign Finance Board | amNewYork
Briefly

NYC Mayor's Race: Cuomo's campaign gets $2.3M matching funds boost from Campaign Finance Board | amNewYork
"Former Gov. Andrew Cuomo's independent mayoral campaign received a major financial boost on Thursday, as the NYC Campaign Finance Board (CFB) voted to award it roughly $2.3 million in public matching funds. The sizable payout adds to the nearly $896,000 in private donations that Cuomo's campaign reported raising last week, according to CFB records. The fresh cash infusion comes as Cuomo is desperately trying to close a gaping double-digit polling gap between himself and frontrunner Zohran Mamdani, the Democratic nominee."
"The CFB also awarded, on Thursday, a little more than $1 million in public funds to Mamdani, who halted fundraising in early September after reaching the $8 million spending limit. The democratic socialist Assembly member reported raising $410,800 in private contributions last week. Republican candidate Curtis Sliwa, talk radio personality and founder of the volunteer patrol group The Guardian Angels, also received $1.1 million from the CFB Thursday."
"All three candidates have raised sufficient funds to already begin running TV ads and appear poised to continue ad buys until the Nov. 4 election. Meanwhile, the CFB once again voted to deny Mayor Adams millions of dollars in matching funds. While Adams has ceased running for reelection, his campaign is still actively pursuing the public dollars it believes it is owed."
Andrew Cuomo's independent mayoral campaign received roughly $2.3 million in public matching funds from the NYC Campaign Finance Board, adding to about $896,000 in recent private donations. The infusion aims to help Cuomo close a double-digit polling gap with frontrunner Zohran Mamdani. A surge in donations followed Mayor Eric Adams' suspension of his reelection campaign. The CFB awarded Mamdani just over $1 million; Mamdani halted fundraising after reaching the $8 million spending limit and reported $410,800 last week. Republican Curtis Sliwa received $1.1 million and reported $423,770. All three candidates can run TV ads. Adams was again denied matching funds while he pursues the public dollars he asserts he is owed and holds roughly $3.3 million remaining in his campaign account.
Read at www.amny.com
Unable to calculate read time
[
|
]