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Schlossberg Criticizes Billionaire Influence in Manhattan Congressional Race

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By: Daisy Fay Buchanan

Democratic congressional candidate Jack Schlossberg is raising concerns about the role of wealthy donors in New York’s closely watched 12th District race, arguing that large sums of money from high-profile backers risk shaping the outcome of the election.

As the NY Post reported, Schlossberg — the grandson of President John F. Kennedy — said during a recent radio appearance that some of his opponents are benefiting from significant financial support tied to billionaires and major industries. He suggested that the scale of spending in the race could influence voter perceptions and campaign visibility in ways that favor well-funded candidates.

Among those he referenced is former New York City mayor Michael Bloomberg, who has reportedly committed millions of dollars to support State Assemblyman Micah Lasher. As the NY Post report noted, Bloomberg’s involvement includes an estimated $5 million in backing for Lasher’s campaign, reflecting the broader role of independent expenditures and outside funding in competitive primaries.

Schlossberg framed his criticism around the idea that elections should not be overly influenced by concentrated wealth. According to the NY Post report, he argued that candidates should not have to rely heavily on billionaire donors to remain competitive, suggesting that such dynamics could undermine confidence in the electoral process.

At the same time, the issue has prompted pushback from political observers. As the NY Post reported, some strategists have pointed out that Schlossberg himself comes from a well-known and financially secure background, with disclosed assets in the millions. Critics argue that this context complicates his argument about financial influence in politics, even as he calls attention to the broader issue.

The debate is unfolding in a crowded and high-profile Democratic primary to replace retiring Representative Jerry Nadler. The district, which includes much of Manhattan, is considered heavily Democratic, meaning the primary winner is likely to secure the seat in the general election.

Several candidates are competing in the race, including Lasher, Assemblyman Alex Bores, and attorney George Conway, among others. The contest has drawn national attention in part because of the candidates’ varied backgrounds and the involvement of prominent political figures and donors. As the NY Post report highlights, endorsements and financial backing have become central components of the campaign landscape.

Schlossberg has positioned himself as part of a younger generation of leadership, emphasizing themes of political reform and accessibility. His campaign has also drawn support from prominent Democrats, including former House Speaker Nancy Pelosi, underscoring the mix of establishment and outsider elements in the race.

The broader issue raised by the controversy — the influence of money in politics — is not unique to this election. Campaign finance has long been a subject of debate in U.S. elections, particularly in high-cost media markets like New York City. Supporters of current financing rules argue that spending can help inform voters and amplify candidates’ messages, while critics contend that it can create imbalances in political competition.

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