Overview

• On August 6 the Campaign Finance Board denied more than $3 million in matching funds to Adams’s reelection effort, citing incomplete disclosures and an ongoing investigation.
• CFB Chair Frederick Schaffer stated the campaign provided misleading information and impeded staff’s ability to complete its probe.
• The board approved $1.68 million for Zohran Mamdani, $1.91 million for Curtis Sliwa and $237,000 for Jim Walden while continuing to block Adams.
• Campaign spokesman Todd Shapiro denounced the decision as vague and unsubstantiated and said the team is reviewing legal options to compel payment.
• The withheld funds have hampered Adams’s independent bid since December despite a federal judge’s July ruling that his dismissed indictment cannot justify denying public dollars.