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    Home»Funds»What to Know About Eric Adams’s Campaign Fund-Raising, Past and Present
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    What to Know About Eric Adams’s Campaign Fund-Raising, Past and Present

    October 11, 2024


    Mayor Eric Adams of New York, already accused of federal crimes related to his 2021 campaign fund-raising, can expect more scrutiny when fund-raising figures from his 2025 re-election bid are released on Friday.

    The new numbers, expected to be published by the city’s Campaign Finance Board, will be the first made public since Mr. Adams was indicted last month on corruption charges.

    Among the crimes he is accused of committing is conspiring with foreign nationals to illegally funnel money into his 2021 campaign through American citizens — so-called straw donors. The indictment also details instances in which prosecutors said Mr. Adams’s campaign encouraged businessmen to circumvent contribution limits by having their employees make donations and then reimbursing them.

    On his way to raising nearly $9 million and becoming mayor, Mr. Adams took advantage of the city’s generous program to match small-dollar donations, which unlocked an additional $10 million in taxpayer money. But because of the straw donors, some of those funds were ill-gotten, the indictment said.

    With Mr. Adams 2025 campaign set to claim more taxpayer money later this year, here is what to know about the city’s matching funds program.



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