July 12, 2025 - 22:50

In a significant ruling on Friday, a judge determined that the Campaign Finance Board acted appropriately in denying Mayor Eric Adams access to $3.4 million in public funds for his campaign. The decision comes as part of a broader legal dispute regarding the allocation of public financing, which is designed to support candidates who adhere to specific fundraising and spending regulations.
The judge's ruling emphasized that the mayor did not meet the necessary criteria to qualify for the public funds, reinforcing the integrity of the campaign finance system. This outcome is a notable setback for Adams, who had argued that the funds were crucial for his campaign efforts.
The Campaign Finance Board has been under scrutiny in recent months, with various candidates challenging its decisions. However, this ruling may serve to bolster the Board's authority in enforcing compliance with campaign finance laws. As the political landscape continues to evolve, the implications of this decision will likely resonate throughout the upcoming election cycle.
December 16, 2025 - 09:45
Shannon Reid Leaves Raymond James After Nearly Two DecadesShannon Reid is pursuing an opportunity outside of Raymond James after nearly two decades with the firm. Having served as the head of Raymond James Financial Services, Reid has been a prominent...
December 15, 2025 - 22:35
Economic Growth Concerns Emerge as Major Threat to Financial Stability in EuropeAs Europe grapples with ongoing economic challenges, low growth has surfaced as a significant risk to financial stability across the region. Analysts warn that the persistent tightening of monetary...
December 15, 2025 - 07:53
UK to Implement Cryptoasset Regulations Starting October 2027Britain is set to introduce regulations for cryptoassets beginning in October 2027, according to a recent announcement from the finance ministry. This move aims to provide clarity and stability for...
December 14, 2025 - 21:50
Wall Street Optimistic About Stock Market Growth in 2026Wall Street is showing a positive outlook for the stock market as it heads into 2026, buoyed by expectations that upcoming cuts to interest rates will stimulate economic growth. Analysts believe...