Campaign board deepens probe into Eric Adams fundraising

NEW YORK — A New York City oversight board petitioned the Department of Justice, hired an outside investigator and issued subpoenas as part of a widening probe into Mayor Eric Adams’ campaign fundraising practices.

Those revelations came in a trove of federal court papers filed Friday that paint the clearest picture yet of the Campaign Finance Board’s independent investigation into Adams’ 2021 and 2025 mayoral runs — along with more detailed reasoning behind the board’s decision to repeatedly deny the mayor public matching funds.

The CFB submitted the court papers in response to an Aug. 15 federal lawsuit filed by Adams’ campaign challenging the board’s matching funds denial. The case is the second from Adams’ camp seeking to unlock what was originally north of $3 million in public campaign funds for the November general election, though the mayor recently told POLITICO his continued fundraising has shrunk the potential public payout to something closer to $1 million.

As part of its formal answer to the lawsuit, CFB Executive Director Paul Ryan penned a declaration revealing the board issued subpoenas to individuals believed to have information relevant to its probe.


https://www.politico.com/news/2025/08/29/campaign-board-deepens-probe-into-eric-adams-fundraising-00536629