Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Sebi Expands Intraday Borrowing Rules for Mutual Funds: Key Changes, Safeguards and Impact on Investors Explained
    • Active Equity Mutual Fund Hits An All Time Low In H1CY26
    • 5 Best Robotics ETFs to Buy in 2026 | Investing
    • Only 30% of individual investors’ mutual fund AUM is in direct plans: Why retail buyers still prefer regular route
    • SBI Funds IPO opens tomorrow: 4 key regulations and brand risks to watch – IPO News
    • Top 10 money market funds post yields of up to 20%
    • Britons would buy government war bonds… if they came with tax perks
    • Mid-cap or small-cap funds? A 10-year comparison of returns, risk and volatility – Mutual Funds News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»N.Y. Gov. Hochul announces $30M in emergency food funds days before SNAP benefits set to run out
    Funds

    N.Y. Gov. Hochul announces $30M in emergency food funds days before SNAP benefits set to run out

    October 27, 2025


    STATEN ISLAND, N.Y. — New York is fast-tracking tens of millions of dollars in emergency food funds to help feed the millions of state residents who are set to potentially lose their Supplemental Nutrition Assistance Program benefits later this week as a result of the ongoing federal government shutdown.

    Earlier this month, the federal government directed states to withhold issuing SNAP benefits for the month of November unless the government shutdown has been resolved.

    That means nearly three million New York residents who receive SNAP benefits, including 121,536 in Congressional District 11, which covers Staten Island, could lose access to them beginning Nov. 1.

    With that in mind, Gov. Kathy Hochul announced Monday that she is fast-tracking $30 million in state funds to support more than 16 million meals, with the governor noting this would be the first time in U.S. history that a federal administration has halted food assistance during a government shutdown.

    “I am doing everything in my power to soften the blow of the destruction Republicans in Washington are inflicting on our state,” Hochul said. “While I’ve said repeatedly that no state can backfill these devastating cuts, I am committed to ensuring New Yorkers do not go hungry this holiday season and am taking action to support the families suffering the consequences of Republicans’ cruelty.”

    While Hochul and other Democrats continue to criticize the Trump administration’s refusal to release federal funding to maintain SNAP benefits during the shutdown, Republicans are blaming Democrats for allowing the shutdown to continue.

    Earlier this month, Rep. Nicole Malliotakis called on Senators Chuck Schumer and Kirsten Gillibrand to deliver the votes necessary to end the government shutdown, which began Oct. 1 after representatives were unable to reach an agreement while passing a bill to allocate funds.

    Republicans proposed a short-term funding bill through Nov. 21, but many Democrats argued that it failed to address critical health care concerns.

    Specifically, Democrats are pushing to reverse Medicaid cuts included in President Donald Trump’s summer legislation and to extend tax credits that help millions afford health insurance through the Affordable Care Act marketplaces. Republicans dismissed the demands, estimating the cost to taxpayers would exceed $1 trillion. As of now, both sides remain firm and without compromise.

    “There is no reason for this to continue and we call on Senator Schumer to do the right thing, vote for the same bill you voted for four times before, the same bill that you negotiated and you’ve extended three times,” she said.

    On Friday, Malliotakis penned a letter to Hochul urging her to call on Schumer and Gillibrand to help put an end to the shutdown before SNAP benefits are impacted later this week.

    “Starting November 1st, low-income, elderly, and disabled SNAP recipients could begin to go without food assistance as a result of Senate Democrats’ decision to shut the government down. These benefits are not abstract figures, they represent families striving to make ends meet, children who rely on consistent access to healthy food, and seniors who would otherwise face hunger,” wrote Malliotakis, a Republican who represents Staten Island and parts of South Brooklyn.

    “We respectfully urge you to use your voice and leadership to encourage Senators Schumer and Gillibrand to support a clean continuing resolution that keeps the federal government funded at existing levels. Doing so will ensure that programs like SNAP and WIC continue uninterrupted, protecting New York’s most vulnerable residents and preventing needless hardship for families who can least afford it,” she continued.

    If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Top 10 money market funds post yields of up to 20%

    July 13, 2026

    Mid-cap or small-cap funds? A 10-year comparison of returns, risk and volatility – Mutual Funds News

    July 13, 2026

    SBI Funds raises Rs 1,880 crore in pre-IPO placement – Market News

    July 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    5 Best Robotics ETFs to Buy in 2026 | Investing

    July 13, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Sebi Expands Intraday Borrowing Rules for Mutual Funds: Key Changes, Safeguards and Impact on Investors Explained

    July 13, 2026

    The Securities and Exchange Board of India (Sebi) has widened the scope of intraday borrowing…

    Active Equity Mutual Fund Hits An All Time Low In H1CY26

    July 13, 2026

    5 Best Robotics ETFs to Buy in 2026 | Investing

    July 13, 2026

    Only 30% of individual investors’ mutual fund AUM is in direct plans: Why retail buyers still prefer regular route

    July 13, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bonds Began With Hope, But It Was Crushed by Data

    August 8, 2024

    2 epic ETFs to target an average 16.2% annual return

    November 24, 2025

    The World Will Miss U.S. Investments in Energy RD&D if Trump’s Proposed Cuts Go Through

    August 21, 2025
    Our Picks

    Sebi Expands Intraday Borrowing Rules for Mutual Funds: Key Changes, Safeguards and Impact on Investors Explained

    July 13, 2026

    Active Equity Mutual Fund Hits An All Time Low In H1CY26

    July 13, 2026

    5 Best Robotics ETFs to Buy in 2026 | Investing

    July 13, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.