Saturday, April 19, 2014

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Campaign Finance Board Aims To Block Liu's Funds

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TWC News: Campaign Finance Board Aims To Block Liu's Funds
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Staffers for mayoral candidate John Liu say the city Campaign Finance Board is recommending that Liu be denied public matching funds from his already struggling mayoral campaign, as he would stand to benefit greatly from matching funds since most of his donations are small. NY1's Courtney Gross filed the following report.

Supporters of John Liu stormed the Campaign Finance Board on Friday.

"Everyone in New York City has to be outraged if CFB board decides that one candidate's contributors money is different than the other," said a Liu supporter.

The board's staff says that Liu's campaign should not receive public matching funds.

That's after his former campaign treasurer and a former fundraiser were found guilty of fraud earlier this year.

Liu has raised approximately $3.4 million for his mayoral run. He is eligible to receive about $3.5 million in public money.

Without the matching funds, Liu would have to make a mad dash to raise money so he could compete at the height of the campaign season.

"These are the hopes of thousands of people that have contributed to my campaign who feel they are entitled to see their contributions matched," he said. "So I hope the Campaign Finance Board will do the right thing."

The board will make a final decision next week.

Meanwhile William Thompson was dealing with a completely separate financial issue. Thompson, under pressure, released previous years' tax returns.

"It was just getting a hold of them and getting my tax returns, getting them in and going through them, making sure that we're releasing exactly what we should be," Thompson said.

Those returns showed that from 2010 to 2011, his income jumped from approximately $200,000 to more than $730,000.

After the salary jump, Thompson did not give any cash to charity.

During that time period, he made $30,000 for advising a private equity firm affiliated with Interfaith Medical Center.

Thompson's campaign said his work had nothing to do with the medical center, which is now slated for closure.

Meanwhile, Bill de Blasio was at another hospital on Friday.

"There is a united front to save LICH, and there's a united front to work with those trying to save Interfaith," de Blasio said.

Anthony Weiner, meanwhile, spent time in his old district Friday, courting community leaders. ClientIP:,, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP