U.S. markets close in 1 hour 58 minutes
  • S&P 500

    4,293.44
    +13.29 (+0.31%)
     
  • Dow 30

    33,908.08
    +147.03 (+0.44%)
     
  • Nasdaq

    13,105.73
    +58.54 (+0.45%)
     
  • Russell 2000

    2,012.21
    -4.41 (-0.22%)
     
  • Crude Oil

    89.08
    -3.01 (-3.27%)
     
  • Gold

    1,796.10
    -19.40 (-1.07%)
     
  • Silver

    20.24
    -0.46 (-2.21%)
     
  • EUR/USD

    1.0167
    -0.0091 (-0.88%)
     
  • 10-Yr Bond

    2.7840
    -0.0650 (-2.28%)
     
  • GBP/USD

    1.2064
    -0.0075 (-0.61%)
     
  • USD/JPY

    133.3210
    -0.1590 (-0.12%)
     
  • BTC-USD

    24,135.84
    -118.30 (-0.49%)
     
  • CMC Crypto 200

    573.51
    -17.26 (-2.92%)
     
  • FTSE 100

    7,509.15
    +8.26 (+0.11%)
     
  • Nikkei 225

    28,871.78
    +324.80 (+1.14%)
     

Former NYC Mayor De Blasio Drops Out of Race for Congress

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

(Bloomberg) -- Former New York City Mayor Bill de Blasio said he’s dropping out of the crowded Democratic primary race for an open seat in the state’s redrawn 10th Congressional District.

Most Read from Bloomberg

In a video message posted on Twitter Tuesday, de Blasio said it was clear that “people are looking for another option.” Polls had showed him trailing several other candidates. He thanked those who helped during his congressional campaign as well as previous runs but didn’t say what his next steps would be.

De Blasio raised more than $510,000 for his congressional campaign and still had $450,400 in cash on hand in the account as of June 30, federal campaign finance records show.

The former mayor, who led City Hall from 2014 to 2021, announced his bid for the newly reconfigured district in late May. The 10th District includes the East and West Villages, the Lower East Side, Chinatown, Battery Park City, the Financial District, Park Slope and parts of downtown Brooklyn.

In dropping out of the race ahead of the Aug. 23 primary, the winner of which is expected to win the general election in November in the overwhelmingly Democratic district, de Blasio leaves a jam-packed field.

A dozen other candidates are competing, including US Representative Mondaire Jones, who currently represents parts of Westchester and Rockland counties; former US Representative Elizabeth Holtzman; City Council Member Carlina Rivera; Assembly Member Yuh-Line Niou, a progressive backed by the Working Families Party; and Daniel Goldman, who served as lead majority counsel in the first impeachment trial of former President Donald Trump.

De Blasio, 61, toyed with running for governor in the Democratic primary against incumbent Kathy Hochul but ultimately decided against it. He also had a short-lived bid for president in 2019.

The former 10th District is currently held by long-time Democratic Representative Jerry Nadler, who will now face US Representative Carolyn Maloney in a newly configured 12th District.

To view the source of this information click here.

(Updates with fundraising in third paragraph)

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.