Published: Tue, March 28, 2017
Economy | By Melissa Porter

NYC Mayor Bill de Blasio OKs 'Fearless Girl' statue for another year

Mayor Bill de Blasio announced on Monday that the popular bronze statue will continue staring down the iconic Wall Street bull through February 2018 - but first, he made a decision to pose for a cringe-worthy photo with it. It has remained there for almost three decades watching over Wall Street, becoming a symbol for the US financial markets.

As for his bull, "I put it there for art", the Italian-born sculptor told MarketWatch, which first reported his anger.

The 4-foot-tall, 250-pound ponytailed girl in a windblown dress was installed this month to highlight the dearth of women on corporate boards as she stands strong against the 11-foot-tall, 7,100-pound bull.

De Blasio says the artwork, called "Fearless Girl", has inspired many people and "fueled powerful conversations about women in leadership".

Visbal, who was born in Montevideo, Uruguay, while her American father was in the foreign service, is to be honoured Monday along with State Street on the steps of New York's City Hall by a group of prominent bipartisan women who are asking that the statue be made permanent.

Numerous people who signed the petition felt that the statue symbolized an important message for the finance industry. Nira Desai, who started the petition, called the extension "really incredible news".

The mayor planned to make an appearance with "Fearless Girl" on Monday afternoon. Pressure is mounting on the city to let the Fearless Girl stay. Assemblymember Yuh-Line Niou, who represents the Financial District, wrote in a March 15 letter to the mayor that "fearless girl has motivated us to look past typical symbols of power, resilience and courage".

This is definitely a sight to see if you're in New York City! One critic tweeted that the statue is "a cynical public relations ploy". "Councilmember Mark Levine wrote on Twitter, "#FearlessGirl is showing her power".

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