NYC campaign finance program under scrutiny after Adams' indictment

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New York City's public campaign finance program, designed to level the playing field for candidates, is under scrutiny after the indictment of Mayor Eric Adams. Prosecutors allege Adams misused the system by accepting illegal donations to secure public matching funds.

The recent indictment of New York City Mayor Eric Adams has increased scrutiny of the city's public campaign finance system, with prosecutors alleging that Adams exploited the program by accepting illegal donations and using them to receive additional taxpayer funds.In 2021, Mayor Adams’ campaign raised $19 million, $10 million of which came from public matching funds.

Ryan, Executive Director of the New York City Campaign Finance Board. "And when they happen, they are usually caught."According to Ryan, ongoing audits and direct communication with donors help detect fraud in the system.RELATED: NYC Mayor Adams indicted: List of raids, investigations around administrationThe program, which has been in place for over 30 years, aims to ensure that everyday New Yorkers, not just those with rich backers, can run for office.

 

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