Adams’ Fundraising Stalls After Indictment, May Lose Funds

New York Mayor Eric Adams’ fundraising has stopped following his federal indictment, threatening his access to vital public matching funds for his 2025 reelection campaign. Despite a significant financial lead over challengers, his legal troubles cast uncertainty over his political future, Politico reported.

Adams, known for his impressive fundraising ability, has seen a notable drop in contributions since his recent federal indictment. In the past 2 1/2 weeks, Adams’ campaign has received just a $250 donation, marking a dramatic slowdown for the mayor.

His latest filing with the New York City Campaign Finance Board, covering the past three months, shows that he raised $212,416, a significant dip from his usual fundraising pace.

Read more at Newsmax© 2024 Newsmax. All rights reserved.

There is no custom code to display.