Bloomberg Pumps $1.5M Into Pro-Cuomo PAC Ahead NYC Mayoral Vote

Andrew Cuomo, former governor of New York, has garnered significant support in the 2025 New York City mayoral race from prominent figures and groups backing his pro-crypto and experienced leadership platform. Innovate NY, a pro-digital assets organization, has endorsed Cuomo, investing heavily in his campaign to promote blockchain and AI initiatives, contrasting Cuomo's tech-forward stance with rival Zohran Mamdani's focus on cost-of-living issues. Billionaire and former NYC Mayor Michael Bloomberg has emerged as Cuomo's largest financial backer, contributing a total of $9.5 million to the pro-Cuomo super PAC 'Fix the City' and publicly reaffirming his endorsement, citing Cuomo's management experience and toughness as crucial for tackling the city's challenges. The Cuomo campaign is emphasizing voter turnout and targeting Republican voters, aiming to suppress votes for Republican candidate Curtis Sliwa and widen Cuomo's path to victory despite polls showing Mamdani leading. Bloomberg's late-stage intervention reflects concerns among New York's business and donor elite about Mamdani's progressive policies, including higher taxes on the wealthy and expanded public services. The mayoral election remains highly contested with early voting underway and Election Day approaching, spotlighting a clash between Cuomo's establishment-backed campaign and Mamdani's progressive agenda.