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Trump administration freezes $18 billion in New York City infrastructure projects, OMB director says
CNBC Televisionยท2025-10-01 15:31

As the shutdown stretches into its first day, we're getting an interesting update from the head of the Office of Management and Budget. Remember, this is the agency that warned about numerous layoffs and large-scale layoffs. Now, we know that the head Russ Voy is going to be speaking with Republicans a little later today, and we expect him to give more details about plans, but right now, he is tweeting that the roughly 18 billion project in New York City, infrastructure projects are being put on hold.This i ...