A Month Before Mayoral Primary, Some Candidates Burn Through Campaign Cash As Others Stay Frugal
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Early voting in October 2020.
Scott Lynch / Gothamist
With exactly one month before New Yorkers vote in the Democratic primary for mayor, new campaign filing records show the dramatic difference in how candidates are managing their war chests as the race enters the final stretch.
The city Campaign Finance Board released new numbers late Friday showing former Wall Street executive Ray McGuire with $11.7 million raised for his campaign, more than any other candidate in the race. McGuire has done this without participating in the CFB’s matching funds program, intended to reduce the influence of big money in campaigns. McGuire has benefitted the most from campaign donors who give more than $1,000 to a campaign. Because McGuire spent more than the allowable limit in the race, the CFB updated the rules to clear other candidates to spend even more.