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Andrew Yang Files Paperwork to Run for Mayor of NYC

Andrew Yang Files Paperwork to Run for Mayor of NYC

By Yehudit Garmaise

   After briefly running against Mayor Bill de Blasio in the 2019 primary for the Democratic nominee for U.S. President, now tech entrepreneur Andrew Yang wants to succeed him as the mayor of New York City.

   Yang, who became a household name last year after he briefly caught the public’s attention by offering $1,000 a month as a “universal basic income” to all Americans, today filed the paperwork with the city’s Campaign Finance Board (CFB) to begin raising money for his mayoral run.

   The paperwork with the CFB shows that for his mayoral candidacy, Yang has decided to opt into the city’s public financing system, which provides up to $8 in funding for every dollar that he raises privately.

    In order to accept the city financing, however, Yang also agreed to cap his spending at $7.3 million for the 2021 Democratic mayoral primary.

    Yesterday, in Harlem, Yang met with the Rev. Al Sharpton, one of the city’s most influential African-American political activists.

    Yang, who is married and the father of two children, started out worked as a lawyer, before he started working in tech start ups and other early stage growth companies as a founder or an executive from 2000 to 2009. In 2011, Yang founded the nonprofit organization, Venture for America (VFA) which focused on creating jobs in cities struggling to recover from the Great Recession.

   Perhaps it was during his work with VFA that Yang developed his idea that the American economy’s increased reliance on automation would require Americans to need universal basic incomes supplied by the government.


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