Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News
    • Best Performing DSP Equity Mutual Funds – Money Insights News
    • WARNING: Only One Covered Call ETFs Is Worth Owning in 2026
    • What Is Compounding, And Why Is It Important In Mutual Fund Investing?
    • Rupeezy Introduces Specialized Investment Funds: A Game-Changer for Affluent Indian Investors
    • ETFs to Go Long as Oil Prices Are Set to Stay High Post-Conflict
    • Can a SIP in a Small Cap Fund Reduce Timing Risk for Long-Term Investors? – ThePrint – ANIPressReleases
    • 3 International ETFs That Could Outperform the S&P 500 This Year
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Hochul, NYC officials blast federal move to withhold millions in subway security funds
    Funds

    Hochul, NYC officials blast federal move to withhold millions in subway security funds

    October 10, 2025


    Federal officials have threatened to withhold more than $30 million in counterterrorism funding for the MTA, raising safety concerns over New York City’s transit system. 

    Gov. Kathy Hochul, the MTA and NYPD said Thursday that without those funds, the system is left vulnerable to new terror attacks.

    The move comes less than a week after President Trump restored $187 million in other counterterror funding for the state.

    More than six million riders in New York City travel through stations and tunnels that officials say could be left vulnerable without constant monitoring. The MTA had been slated to receive $34 million in grant money from the Department of Homeland Security. That money is essential to keeping riders safe from potential attacks, officials said. 

    “In a stark moment of hypocrisy, the federal government is literally threatening our ability to keep these operations safe,” Hochul said. 

    Hochul called out the federal government for the move, saying it puts at risk, among other things: 

    • The installation of several hundred cameras and access control points at major subway complexes
    • Two cybersecurity projects
    • 374 deployments of MTAPD counterterror teams 

    “It makes no sense”

    “It makes no sense that the federal government spins all kinds of stories about subway safety and then turns around and withholds the money they’re supposed to be contributing to that effort,” MTA Chair & CEO Janno Lieber said. 

    “Taking these abilities away from the busiest yet most high threat subway system in the country is a profound mistake,” NYPD Commissioner Jessica Tisch said. 

    Tisch said there have been at least eight plots targeting the subway system since the 9/11 terror attacks. 

    Subway riders also expressed concern. 

    “We need more funding in the system,” one rider said. 

    “I feel like more funding needs to be put in place for the millions who take the subway every day,” said another.

    Thursday morning, Attorney General Letitia James filed a lawsuit in hopes of blocking DHS from revoking the funds. A judge’s decision is expected in the coming days.

    CBS News New York has reached out to the Department of Homeland Security for comment. We have not yet heard back. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Bond Funds That Have Offered Some Inflation Protection

    March 18, 2026

    Bank of Cyprus attracts strong interest from major global investment funds

    March 18, 2026

    ULIPs or Mutual Funds: The Smarter Tax-Saving Choice – Money Insights News

    March 16, 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

    WARNING: Only One Covered Call ETFs Is Worth Owning in 2026

    March 21, 2026

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News

    March 21, 2026

    SBI Mutual Fund has filed preliminary papers with capital markets regulator SEBI to raise funds…

    Best Performing DSP Equity Mutual Funds – Money Insights News

    March 21, 2026

    WARNING: Only One Covered Call ETFs Is Worth Owning in 2026

    March 21, 2026

    What Is Compounding, And Why Is It Important In Mutual Fund Investing?

    March 21, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Gujarat Attracts ₹86,418 Crore Investments In MSME Sector, Creates 3.98 Lakh Jobs In Five Years

    August 29, 2025

    Joseph Holt invests £1.8m into historic Ancoats pub

    October 7, 2025

    Santa Clara residents to vote on $400 million infrastructure bond in November – The Mercury News

    July 12, 2024
    Our Picks

    SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News

    March 21, 2026

    Best Performing DSP Equity Mutual Funds – Money Insights News

    March 21, 2026

    WARNING: Only One Covered Call ETFs Is Worth Owning in 2026

    March 21, 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

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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