Key Takeaways
- • Billionaire hedge fund manager Bill Ackman, a prominent Trump supporter, donated $250,000 to Fix the City, a super PAC boosting Andrew Cuomo's run for New York City mayor, according to new campaign finance filings.
- • The donation helped Fix the City exceed $4.8 million in total contributions, while opposing efforts have attracted only modest support.
- • Ackman's gift is the latest example of GOP-affiliated donors backing Cuomo, the Democratic former governor seeking to succeed Mayor Eric Adams.
- • Anti-Cuomo super PACs remain well behind: New Yorkers for Better Leadership reported a $1,000 contribution from climate tech investor Thomas O'Keefe, its first gift of $1,000 or more since forming March 11.
Summary
Billionaire hedge fund manager Bill Ackman, a prominent supporter of Republican President Donald Trump, has donated $250,000 to a super PAC boosting Andrew Cuomo's campaign for New York City mayor, according to new campaign finance filings reported by Politico. The contribution comes as GOP-affiliated players increasingly back Cuomo, the former Democratic governor seeking to replace Mayor Eric Adams.
The gift helped the pro-Cuomo Fix the City super PAC surpass $4.8 million in donations. Publisher coverage notes that Ackman's total support for the group has reached $500,000 across two donations, making him one of its larger backers.
By contrast, efforts to oppose Cuomo's comeback have struggled to raise comparable sums. New Yorkers for Better Leadership reported a $1,000 contribution from climate tech investor Thomas O'Keefe, its first donation of $1,000 or more since forming on March 11 to challenge Cuomo's Albany record. New Yorkers for Lower Costs, which favors democratic socialist candidate Zohran Mamdani, reported raising $56,500 through the most recent reporting period. A group using the slogan "Don't Rank Evil Andrew for Mayor" had just $10,500 in contributions of $1,000 or more.
The filings underscore a lopsided fundraising landscape in the race, with pro-Cuomo outside spending substantially outpacing opposition committees.
The gift helped the pro-Cuomo Fix the City super PAC surpass $4.8 million in donations. Publisher coverage notes that Ackman's total support for the group has reached $500,000 across two donations, making him one of its larger backers.
By contrast, efforts to oppose Cuomo's comeback have struggled to raise comparable sums. New Yorkers for Better Leadership reported a $1,000 contribution from climate tech investor Thomas O'Keefe, its first donation of $1,000 or more since forming on March 11 to challenge Cuomo's Albany record. New Yorkers for Lower Costs, which favors democratic socialist candidate Zohran Mamdani, reported raising $56,500 through the most recent reporting period. A group using the slogan "Don't Rank Evil Andrew for Mayor" had just $10,500 in contributions of $1,000 or more.
The filings underscore a lopsided fundraising landscape in the race, with pro-Cuomo outside spending substantially outpacing opposition committees.
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