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NYC Mayor: 'Fearless Girl' statue can stay through Feb. 2018

Associated Press logo Associated Press 3/27/2017
In this March 22, 2017 photo, the Charging Bull and Fearless Girl statues are sit on Lower Broadway in New York. Since 1989 the bronze bull has stood in New York City's financial district as an image of the might and hard-charging spirit of Wall Street. But the installation of the bold girl defiantly standing in the bull's path has transformed the meaning of one of New York's best-known public artworks. Pressure is mounting on the city to let the Fearless Girl stay. (AP Photo/Mark Lennihan) © The Associated Press In this March 22, 2017 photo, the Charging Bull and Fearless Girl statues are sit on Lower Broadway in New York. Since 1989 the bronze bull has stood in New York City's financial district as an image of the might and hard-charging spirit of Wall Street. But the installation of the bold girl defiantly standing in the bull's path has transformed the meaning of one of New York's best-known public artworks. Pressure is mounting on the city to let the Fearless Girl stay. (AP Photo/Mark Lennihan)

NEW YORK (AP) — Mayor Bill de Blasio has decided that the globally popular statue of a young girl staring down Wall Street's famous "Charging Bull" will remain in place through February 2018.

The mayor planned to make an appearance with "Fearless Girl" on Monday afternoon.

The 4-foot ponytailed girl in a windblown dress stands on Department of Transportation property and will now get the extended new permit through the department's art program.

On Monday morning, U.S. Rep. Carolyn Maloney led a news conference in front of City Hall to honor the artist, Kristen Visbal, and State Street Global Advisors, the asset management firm that commissioned the work.

The statue was installed early this month to highlight the issue of gender disparity on corporate boards. It immediately became a tourist draw and internet sensation.

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