Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Sebi overhauls mutual fund classification, introduces life-cycle funds, scraps solution-oriented schemes
    • Big Shake-Up in Mutual Funds! SEBI Scraps Solution Funds, Introduces Life-Cycle Category | 5 Changes Explained
    • Sebi Gold And Silver Valuation Norms: Sebi revises valuation norms for gold, silver held by mutual funds; polled spot prices to be used from April 2026
    • Sebi introduces Life Cycle Funds: Radhika Gupta of Edelweiss MF explains what it means for investors
    • These 3 Vanguard Growth ETFs Are Worth Buying, Even Near All-Time Highs
    • India expands rules for $385 billion stock funds to add gold
    • SEBI scraps children’s, retirement funds; Introduces contra and sectoral debt funds
    • Size, strategy and liquidity puzzle: Experts weigh risks in smallcap funds | Markets News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Trump threatens Baltimore bridge funds over fight with Maryland Gov. Wes Moore
    Funds

    Trump threatens Baltimore bridge funds over fight with Maryland Gov. Wes Moore

    August 24, 2025


    President Donald Trump threatened to “rethink” funds the federal government sent Baltimore to repair a massive bridge that collapsed last year, making the comments after Maryland Gov. Wes Moore told him to visit the city or “keep our name out of your mouth.”

    “I gave Wes Moore a lot of money to fix his demolished bridge. I will now have to rethink that decision???” Trump wrote at the end of a post on Truth Social calling Baltimore “out of control” and “crime ridden.” He also threatened to send the military into the city to “clean up” crime – like his ongoing deployment of National Guard troops to Washington.

    The pair have fought in recent days over Trump’s characterizations of Baltimore as overrun by crime and Moore’s criticism of the police and military crackdown on Washington. In an Aug. 21 letter, Moore invited Trump to attend a Baltimore “public safety walk” in September to “discuss strategies for effective public safety policy.”

    85782382007

    “Donald Trump, if you are not willing to walk our communities, keep our name out of your mouth,” he said at an event that day.

    Trump announced on Aug. 11 he would seize control of Washington’s police department and send hundreds of troops to Washington in response to what he has claimed is a wave of crime in the nation’s capital. He also called Baltimore “so far gone” and threatened to deploy troops to other Democratic-run cities like Chicago.

    While Baltimore has been plagued historically by high violent crime rates, the city’s homicide rates have dropped significantly in recent years – by 40% from 2019 to 2024, according to a Council on Criminal Justice report. Homicides this year are down 23% and auto theft is down by 34%, per police data released in July.

    Crews are in the process of demolishing remaining parts of the collapsed Baltimore bridge.

    Crews are in the process of demolishing remaining parts of the collapsed Baltimore bridge.

    Trump during his second term has repeatedly threatened to withhold federal funds from Democratic-run cities and states. On Aug. 22, a federal judge blocked him from withholding federal funding from dozens of sanctuary cities, including Baltimore and Los Angeles, over refusing to cooperate with some immigration pushes.

    New Baltimore bridge still years from completion

    The Francis Scott Key Bridge, a massive Baltimore thoroughfare, collapsed into the Patapsco River in March of 2024 after a cargo ship lost power and plowed into the bridge. Six people were killed after they plunged into the water.

    While the shipping channel has since reopened, the new bridge planned in its place won’t be finished until 2028 and could cost as much as $1.9 billion. The demolition of parts of the destroyed old bridge is still in process.

    After former President Joe Biden‘s administration released an initial $60 million in emergency funds in the days following the disaster, a stopgap spending bill passed in December authorized federal funds to cover the cost of the replacement.

    This article originally appeared on USA TODAY: Trump threatens to ‘rethink’ Baltimore bridge funds over Wes Moore row



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    India expands rules for $385 billion stock funds to add gold

    February 26, 2026

    Size, strategy and liquidity puzzle: Experts weigh risks in smallcap funds | Markets News

    February 26, 2026

    SEBI broadens rules for $384 billion stock funds to add gold

    February 26, 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

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

    November 19, 2023

    These 3 Vanguard Growth ETFs Are Worth Buying, Even Near All-Time Highs

    February 26, 2026
    Don't Miss
    Mutual Funds

    Sebi overhauls mutual fund classification, introduces life-cycle funds, scraps solution-oriented schemes

    February 26, 2026

    MUMBAI: The markets regulator Sebi has revamped the framework for classification of mutual fund schemes,…

    Big Shake-Up in Mutual Funds! SEBI Scraps Solution Funds, Introduces Life-Cycle Category | 5 Changes Explained

    February 26, 2026

    Sebi Gold And Silver Valuation Norms: Sebi revises valuation norms for gold, silver held by mutual funds; polled spot prices to be used from April 2026

    February 26, 2026

    Sebi introduces Life Cycle Funds: Radhika Gupta of Edelweiss MF explains what it means for investors

    February 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    China’s retail investors pile into new funds

    March 12, 2025

    NFO alert: Kotak BSE PSU Index Fund, Canara Robeco Balanced Advantage Fund, Edelweiss Business Cycle Fund in focus

    July 16, 2024

    Best flexi cap mutual funds to invest in August 2024

    August 9, 2024
    Our Picks

    Sebi overhauls mutual fund classification, introduces life-cycle funds, scraps solution-oriented schemes

    February 26, 2026

    Big Shake-Up in Mutual Funds! SEBI Scraps Solution Funds, Introduces Life-Cycle Category | 5 Changes Explained

    February 26, 2026

    Sebi Gold And Silver Valuation Norms: Sebi revises valuation norms for gold, silver held by mutual funds; polled spot prices to be used from April 2026

    February 26, 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.