“NYC campaign finance board denies Mayor Eric Adams millions in matching funds”

Politico:

The New York City Campaign Finance Board denied Mayor Eric Adams millions of dollars in matching funds for the tenth time Wednesday — and suggested in a strongly worded statement that Adams will not be getting a penny anytime soon.

The regulatory body denied Adams the public funding he’s seeking for his general election bid on two grounds: His campaign has not submitted required paperwork, and the board has reason to believe the campaign violated the law.

“The board finds the campaign has provided incomplete and misleading information to the CFB and has impeded the CFB staff’s ability to complete its investigation,” Board Chair Frederick Schaffer said during Wednesday morning’s board meeting. “With respect to the second ground, the board’s conclusion is based upon its review of all of the available evidence, including, but not limited to, its own independent investigation.”The board’s decision escalates a long-simmering standoff with the incumbent and hobbles Adams’ ability to compete at a time when he is already at a severe disadvantage. The mayor dropped out of the Democratic primary after the controversial dismissal of a federal bribery case against him. He is now running in the crowded general election as an independent.

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