A federal grand jury has indicted New York City Mayor Eric Adams. While the charges remain sealed, the investigation reportedly expanded from campaign finance to bid-rigging. Adams, facing pressure to resign, vowed to fight the “entirely false” indictment. His administration has been under investigation for nearly a year, and several high-ranking officials have resigned or had their phones seized by federal authorities.
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00:00It's Benzinga, and here's what's on the block.
00:02A federal grand jury has indicted New York City Mayor Eric Adams.
00:06While the charges remain sealed, the investigation reportedly expanded from campaign finance
00:11to bid rigging.
00:12Adams, facing pressure to resign, vowed to fight the entirely false indictment.
00:17His administration has been under investigation for nearly a year, and several high-ranking
00:21officials have resigned or had their phones seized by federal authorities.
00:24For all things money, visit Benzinga.com.