The Second Circuit has dismissed as moot an appeal seeking to halt enforcement of New York’s independent-expenditure disclosure rules as applied to ads tied to the 2025 New York City mayoral race, leaving the challenged regime in place without resolving the underlying constitutional questions.

The dispute arose from a challenge by American Future Fund to New York’s political-ad disclosure requirements for independent expenditures.

The U.S. Supreme Court has granted emergency relief to Republican campaign committees in a dispute over political advertising rates, allowing them to pursue lower-cost broadcast time ahead of the 2026 midterm elections. The ruling removes a significant practical obstacle for national party committees seeking to take advantage of advertising rates that can dramatically affect campaign budgets in the final stretch before voting.

At issue is who qualifies for the federally regulated “lowest unit rate” for broadcast advertising during the pre-election window.