New York, Sept. 29 -- New York City Mayor Eric Adams ended his reelection bid, more than a month ahead of the vote.

"Despite all we've achieved, I cannot continue my reelection campaign," Adams said in a video on the social platform X on Sunday.

"The constant media speculation about my future and the campaign finance board's decision to withhold millions of dollars have undermined my ability to raise the funds needed for a serious campaign," he said.

The Democrat, who became mayor of the largest U.S. city in 2022, said he will finish his term, which ends on Jan. 1, 2026. "I will continue to fight for this city," he said in the statement.

Last spring, the mayor faced corruption and bribery charges after federal prosecutors accused himof ...