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NEW YORK DAWN™ > Blog > Politics > NYC Mayor Adams stories greatest fundraising haul since indictment
NYC Mayor Adams stories greatest fundraising haul since indictment
Politics

NYC Mayor Adams stories greatest fundraising haul since indictment

Last updated: June 16, 2025 11:18 pm
Editorial Board Published June 16, 2025
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Mayor Adams over the weekend reported his greatest marketing campaign fundraising interval since coming underneath indictment final yr — a haul his reelection group head touted as an indication that the embattled mayor is starting to bounce again.

In whole, Adams’ new filings launched Saturday present he raised $300,721 from 225 people within the newest reporting stretch, which spanned between Could 20 and June 9.

A majority of that money — $212,100 — got here from 101 people who every gave the mayor’s marketing campaign the authorized max of $2,100.

Different 2025 mayoral candidates had extra particular person donors who every gave smaller quantities to them within the newest stretch, a possible indicator of extra grassroots help. Most of the different mayoral candidates even have acquired tens of millions of {dollars} in public matching funds, whereas the Marketing campaign Finance Board continues to withhold them from Adams attributable to his indictment.

Nonetheless, Frank Carone, Adams’ longtime political confidant, mentioned the newest submitting exhibits the mayor is on the upswing.

The most recent haul marks the most effective fundraising interval Adams’ reelection marketing campaign has seen for the reason that one which ended July 11, 2024, the ultimate stretch earlier than Manhattan feds indicted him on corruption expenses in September 2024.

After his indictment, Adams’ reelection fundraising slowed to a trickle. As an illustration, his marketing campaign reported simply $34,021 in donations within the disclosure interval that concluded March 13 as Adams nonetheless confronted the prospect of standing trial on bribery and marketing campaign finance fraud expenses.

However President Trump’s Justice Division secured a extremely controversial dismissal of Adams’ indictment in April, a transfer that prompted him to drop out of the June 24 Democratic mayoral major and announce he’d search reelection as an impartial in November’s common election as a substitute.

Among the many donors behind Adams’ newest haul was a gaggle of eight docs and different well being care professionals who along with 4 relations donated $25,200 over the course of some days originally of June, all chipping in maxed-out $2,100 contributions every, the filings present. Their donations amounted to about 9% of the entire raised by Adams over the newest interval.

The Gracie occasion was reportedly co-hosted by Raj Bhayani, president of the Federation of Indian Physicians Affiliation. Information present Bhayani additionally donated the authorized $2,100 max to Adams’ reelection bid again in December.

“If they or their family has donated there is no direct cause effect relationship,” he mentioned of the mayor. “He’s really friendly to the doctors, health care … We like him, his policies are good, he’s moderate.”

Cash additionally flowed into the mayor’s marketing campaign coffers within the newest interval from executives in the true property and finance sectors. That included some within the cryptocurrency business, of which Adams is a significant booster. Adams hosted a “Crypto Summit” at Gracie Mansion in Could after which flew to Las Vegas for a crypto convention the place he additionally held a marketing campaign fundraiser.

The Las Vegas fundraiser solely raised about $3,731 in donations made in reference to the occasion, the filings present.

Since he opted out of subsequent week’s Democratic mayoral major, Adams will face off in November in opposition to whoever wins that race, in addition to Republican Curtis Sliwa, impartial Jim Walden and probably a fifth candidate operating on the Working Households Get together line.

Per his newest submitting, Adams now has simply shy of $3 million in personal funds in his reelection marketing campaign account.

Meaning he’s trailing a lot of his opponents, who’ve gotten public matching funds.  Adams has filed a lawsuit in opposition to the Marketing campaign Finance Board, alleging he’s entitled to the general public money.

Meantime, the front-runner within the Democratic mayoral major, former Gov. Andrew Cuomo, is virtually swimming in money and has a brilliant PAC boosting his run with tens of millions of {dollars} extra in impartial spending.

Adams remains to be going through traditionally low approval scores. In March, a Quinnipiac College ballot discovered solely 20% of New Yorkers approve of the job Adams is doing, the bottom such score the college has recorded in its three many years of surveying that query.

Initially Revealed: June 16, 2025 at 6:33 PM EDT

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