Eric Adams arrives for arraignment on federal corruption charges

Eric Adams arrives for arraignment on federal corruption charges


Eric Adams indictment unsealed: New York mayor charged in campaign contribution scheme

New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen.

Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, and soliciting campaign contributions by foreign nationals.

He has vowed to fight the case, even as a growing number of New York politicians call for his resignation and as Gov. Kathy Hochul, a fellow Democrat weighs whether to force him from office by invoking a never-before-used provision of the city’s Charter.

Adams is set to be arraigned at noon ET before a magistrate judge, where he is expected to enter a not-guilty plea.

District Court Judge Dale Hoe has scheduled an initial conference in Adams’ case for Oct. 2, rejecting a request by the mayor’s lawyer to hold the arraignment and that conference on a single day.

Read more CNBC politics coverage

This is developing news. Check back for updates.



Source

Democrats’ distrust of Trump keeps them from forming ‘gang’ to negotiate government shutdown
Politics

Democrats’ distrust of Trump keeps them from forming ‘gang’ to negotiate government shutdown

WASHINGTON, DC – OCTOBER 16: U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) (R) and House Minority Leader Rep. Hakeem Jeffries (D-NY) (L) brief members of the press during a news conference on the government shutdown at the U.S. Capitol on October 16, 2025 in Washington, DC. Alex Wong | Getty Images Capitol Hill remains […]

Read More
Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday
Politics

Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday

Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to […]

Read More
EU leaders urge swift action on unlocking frozen Russian assets to finance Ukraine, document shows
Politics

EU leaders urge swift action on unlocking frozen Russian assets to finance Ukraine, document shows

LONDON — EU heads of state will call for quicker action on the use of immobilized Russian assets at a meeting next week amid growing pressure from U.S. President Donald Trump, according to a document seen by CNBC. The European Commission, the executive arm of the EU, has been looking at how to use about […]

Read More