NYC Mayor: "Fearless Girl" Statue Can Stay Through 2018

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NYC's "Fearless Girl" statue

The statue of a resolute young girl staring down Wall Street's famous Charging Bull was erected for International Women's Day.

Mayor Bill de Blasio says the wildly popular statue of a young girl staring down Wall Street's famous Charging Bull will be allowed to remain through February 2018.

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

“Now, she’ll be asserting herself and affirming her strength even after her temporary permit expires — a fitting path for a girl who refuses to quit,” he added in a statement.

The New York Daily News says the statue, which stands on Department of Transportation property, will get a longer-term permit through the department's art program.

The statue of a ponytailed girl in a windblown dress was installed in front of the bronze bull earlier this month in honor of International Women's Day. State Street Global Advisors, the Boston-based investment giant, had the statue created to push companies to increase the number of women directors.

The girl is sculpted in bronze, her hands firmly planted on her waist, ponytailed head held high. "Know the power of women in leadership. SHE makes a difference," reads the plaque at her feet.

It immediately became a tourist draw and Internet sensation and was originally only supposed to stay until April 2.