KEY POINTS
  • Democratic New York City Mayor Bill de Blasio scored a decisive victory on Tuesday in his bid to secure a second four-year term
  • De Blasio won nearly 65 percent of the votes, beating Republican Nicole Malliotakis
  • The mayor has positioned himself as one of the most vocal critics of Republican President Donald Trump
In April, Mayor de Blasio announced a first-of-its-kind targeted loan program that will make more than $5 million in affordable capital accessible to women entrepreneurs seeking to grow their businesses.

Democratic New York City Mayor Bill de Blasio scored a decisive victory on Tuesday in his bid to secure a second four-year term in charge of the United States' biggest city.

With more than 75 percent of the city's voting precincts reporting, de Blasio, 56, had won nearly 65 percent, a margin of 35 percentage points over his Republican opponent, state assemblywoman Nicole Malliotakis, according to New York City's Board of Elections.