Eric Adams drops out of New York mayoral race

New York Mayor Eric Adams announced Sunday that he is dropping his third-party bid for re-election, narrowing the field for November’s election.“Despite all we’ve achieved, I cannot continue my re-election campaign,” Adams said in a video on X. “The constant media speculation about my future and the campaign finance board’s decision to withhold millions of dollars have undermined my ability to raise the funds needed for a serious campaign.”In a nearly nine-minute video, Adams — who enjoyed strong ratings from New Yorkers early in his term but whose standing plummeted after he was indicted on federal corruption charges, which were then dropped by the Trump administration — said he hoped New Yorkers "will see that despite the headlines and the innuendo, I always put you before me."The question now is how Adams’ move shapes the mayoral race going forward in the nation’s biggest city.

New York Mayor Eric Adams announced Sunday that he is dropping his third-party bid for re-election, narrowing the field for November’s election.

“Despite all we’ve achieved, I cannot continue my re-election campaign,” Adams said in a video on X. “The constant media speculation about my future and the campaign finance board’s decision to withhold millions of dollars have undermined my ability to raise the funds needed for a serious campaign.”

In a nearly nine-minute video, Adams — who enjoyed strong ratings from New Yorkers early in his term but whose standing plummeted after he was indicted on federal corruption charges, which were then dropped by the Trump administration — said he hoped New Yorkers "will see that despite the headlines and the innuendo, I always put you before me."

The question now is how Adams’ move shapes the mayoral race going forward in the nation’s biggest city.

Former New York Gov. Andrew Cuomo, who is also running a third-party bid for mayor, said in a statement shared first with NBC News that he believes Adams "is sincere in putting the well-being of New York City ahead of personal ambition."