Indicted NYC Mayor Adams facing key decision with millions in public matching funds at stake

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Indicted NYC Mayor Adams facing key decision with millions in public matching funds at stake
US NewsCampaign FinanceEric Adams
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is facing a watershed moment Monday when the city Campaign Finance Board is expected to decide whether to grant the indicted mayor millions in public matching funds.that include alleged campaign fraud, would face a steep uphill battle in a packed June Democratic primary should the board reject his matching funds request, which provides candidates $8 for each buck donated by New Yorkers up to the first $250 pocketed.

CFB honchos have said they’re reviewing Adams’ federal indictment as they weigh the mayor’s request for public funds.Either way, the mayor’s political war chest will be far from empty. Adams’ campaign through Oct. 7 had already raised $4.1 million and had $3.1 million in hand,

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