Andrew Yang, the tech entrepreneur who rose to prominence in 2020 as a Democratic presidential candidate, filed paperwork Wednesday to begin raising money for a mayoral campaign in New York City.
Two recent polls show that Yang’s name recognition from his presidential bid and subsequent appearances on CNN as a political analyst would vault him into the top tier of the field, which is crowded with more than two dozen candidates.
One of those surveys, conducted by Public Policy Polling, showed him garnering 17 percent of the vote, in a virtual tie with Brooklyn Borough President Eric Adams, who received 16 percent.
No other candidate broke 10 percent — but 40 percent of the 755 Democratic primary voters interviewed said they remained uncommitted or unsure with the June primary still six months away.
Yang’s filing with the city’s Campaign Finance Board comes just a day after he sat down in Harlem with the Rev. Al Sharpton, one of the city’s most influential African-American political activists.
The paperwork with the CFB shows that Yang has decided to opt into the city’s public financing system for his run, which provides up to $8 dollars in funding for every dollar that he raises privately.
However, in order to accept the city financing, he also agreed to cap his spending at $7.3 million dollars for the 2021 Democratic primary.Supporters of a Yang bid for Gracie Mansion have said they expect the large donor base from his 2020 campaign to easily allow him to hit those figures.
Yang’s presidential bid attracted a significant following during the Democratic presidential primary for his advocacy of policies that would guarantee a base level of income for all Americans.
However, Yang has little other experience in politics or government — meaning there are few clues about how he will campaign in the famously rough-and-tumble world of New York City politics, or run the Big Apple if he were to win the election.
A representative for Yang did not immediately respond to a request for comment.