WASHINGTON, D.C. – Senator Bernie Sanders (I-VT) has thrown his support behind Zohran Mamdani in the New York City mayoral race, emphasizing the critical need for campaign finance reform amidst what he describes as a “corrupt campaign finance system” that undermines democracy. Sanders’ endorsement comes as Mamdani’s campaign reports significant financial backing, including $5.5 million in loans and $1.7 million in contributions, reflecting the high stakes of the election.
In a recent statement, Sanders criticized the influence of wealthy donors, particularly highlighting the role of Super PACs. “We need new leadership that is prepared to stand up to powerful corporate interests and fight for the working class,” Sanders said, echoing his long-standing advocacy for reducing the impact of big money in politics. This stance is further supported by the proposed Abolish Super PACs Act (H.R. 2352), which aims to cap contributions to Super PACs, a legislative effort Sanders has championed to curb the influence of oligarchs and billionaires.
The broader context of campaign finance reform is underscored by the 2023-2024 election cycle, which saw $736.5 million in independent expenditures, with Super PACs accounting for a significant portion. This financial landscape, Sanders argues, distorts democratic processes and prioritizes the interests of the wealthy over those of ordinary citizens.
Mamdani’s campaign, which has surged in recent weeks with key endorsements including from Representative Alexandria Ocasio-Cortez, positions him as a contender against the status quo. Sanders’ support is seen as a boost to Mamdani’s efforts to address issues relevant to working-class New Yorkers, amidst a race where financial influence plays a pivotal role.
As the election approaches, Sanders’ call for action against the corrupting influence of money in politics resonates with ongoing debates about the integrity of democratic institutions. The outcome of this race could signal broader shifts in how campaign finance is addressed at both local and national levels.