NY-NJ Gateway Tunnel Seeks New CFO Amid Trump Funding Fight (1)

March 6, 2026, 1:50 PM UTC

Pat McCoy, chief financial officer of the Gateway Development Commission, plans to leave in the coming months. His departure comes as the agency building a new $16 billion Hudson River rail tunnel battles the Trump administration in court over federal funding.

McCoy is returning to his hometown in Iowa to be closer to family, Gateway spokesperson Molly Beckhardt said in a statement. He has held the CFO post since April 2024 after joining the commission in 2023 as deputy chief financial officer. Before Gateway, McCoy spent 20 years at the Metropolitan Transportation Authority.

Gateway is overseeing one of the ...

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