The Campaign Finance Board voted to deny Mayor Eric Adams public matching funds, citing the campaign's failure to provide requested information and possible law violations. CFB Chair Frederick Schaffer outlined that the campaign supplied incomplete and misleading data, which impeded the board's ability to investigate. Adams' campaign, which accused the board of vague accusations, is considering legal options to secure approximately $3 million in public funds. While Adams raised $1.5 million recently, he remains below the spending cap as the investigation continues.
The Campaign Finance Board on Wednesday voted to deny Mayor Eric Adams public matching funds for his reelection bid, citing failure to provide requested information and potential law violations.
Adams' campaign spokesperson accused the CFB of making vague and unsubstantiated accusations, indicating that the campaign is reviewing all legal options to compel the release of funds.
The CFB concluded its denial based on its investigation, noting that the campaign provided incomplete and misleading information, impeding the investigation process.
The ongoing investigation into Adams' campaign shows the board's commitment to enforcing campaign finance rules fairly and equally across all candidates.
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