White House Freezes $18 Billion in Aid for NYC Projects (Video)

Oct. 1, 2025, 7:41 PM UTC

WATCH: Vice President Vance talks about freezing funding for some NYC projects. Source: Bloomberg

The White House is halting $18 billion in New York infrastructure funding due to concerns over diversity and inclusion practices. The Second Avenue Subway and Hudson Tunnel Project could be impacted. Vice President JD Vance says because of the shutdown, the priority is now on providing essential services. He speaks at the White House.

To contact the editor responsible for this story:
Michael Smith at msmith251@bloomberg.net

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