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Adams Is Denied Public Matching Funds, Hampering Re-election Campaign
Mayor Eric Adams was denied public matching funds for his re-election campaign on Monday as he faces federal corruption charges focused on his fund-raising practices, dealing a major setback to his bid for a second term.
The New York City Campaign Finance Board ruled that Mr. Adams was not eligible to participate in a program that awards an eight-for-one match of small-dollar donations, preventing him from receiving as much as $4.3 million.
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