Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Tax planning for mutual fund investments
    • Rule change to make ‘green’ bonds easier to use
    • Active funds still have an alpha edge, majority win on risk-adjusted basis | Mutual Funds
    • Premium Bonds savers wait 3 years on average before a win
    • MFs allowed to keep retirement, children’s funds alive
    • Comparing Mutual Funds? Focus on This Before You Look at Returns – Money Insights News
    • Global bonds set for steep monthly losses as Iran war stokes stagflation fears
    • Will the NS&I furore put Britons off Premium Bonds?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»U.S. Transportation Secretary Pete Buttigieg touts federal investments in Freeport visit
    Investments

    U.S. Transportation Secretary Pete Buttigieg touts federal investments in Freeport visit

    August 6, 2024


    U.S. Transportation Secretary Pete Buttigieg, left, Rep. Chellie Pingree, D-1st District, and Sen. Angus King, I-Maine, listen as Devan Eaton of the Maine DOT talks about a bridge construction project in Freeport on Tuesday. Gregory Rec/Staff Photographer

    FREEPORT — U.S. Secretary of Transportation Pete Buttigieg visited two bridge construction projects on Interstate 295 on Tuesday during a stop in Maine to tout investments by the Biden administration in infrastructure and rural communities.

    The visit came the same day as Vice President Kamala Harris announced that Minnesota Gov. Tim Walz will be her running mate in the presidential race. Walz was picked from a field of contenders that also included Buttigieg and other well-known Democrats.

    U.S. Transportation Secretary Pete Buttigieg speaks to the media after visiting a bridge construction site in Freeport on Tuesday. Buttigieg visited two bridges under construction over I-295 in Freeport, the cost to replace both is estimated to be $26.5 million, part of which came from the Bipartisan Infrastructure Law. Gregory Rec/Staff Photographer

    Buttigieg said that he was visiting Maine in an official capacity and federal rules limit what he could say about the campaign.

    “But I think what is fair game to say, without stepping on any campaign finance laws, is as secretary, I’ve worked with Gov. Walz, and he is a fantastic partner, a great leader who understands the importance of infrastructure,” Buttigieg said.

    The former South Bend, Indiana, mayor visited construction sites near Exit 20 and Exit 22 on Tuesday, where two aging bridges are being replaced using funding from the Bipartisan Infrastructure Law.

    A total of $2.5 billion in funding has been announced for 312 projects in Maine through the legislation, including $1.5 billion for transportation projects including roads and bridges, public transport, airports, ports and waterways.

    The Freeport bridge projects, which started in 2022, are expected to be completed by the end of 2025 and will have a total cost of $26.5 million, with $17.7 million coming from federal sources, including $11 million from the infrastructure law.

    They include a replacement of the Merrill Road Interchange Bridge on Merrill Road over I-295 at Exit 20 and the Approach Road/ Mallett Drive Interchange on State Routes 125 and 136 over I-295 at Exit 22.

    Buttigieg toured both bridge replacement sites and was joined by state and local officials including Maine Department of Transportation Commissioner Bruce Van Note, U.S. Sen. Angus King, I-ME, and U.S. Rep. Chellie Pingree, D-1st District.

    U.S. Transportation Secretary Pete Buttigieg, left, talks with Bruce Van Note, commissioner of the Maine DOT at the Exit 20 bridge construction site in Freeport on Tuesday. Gregory Rec/Staff Photographer

    He is scheduled to appear later Tuesday afternoon at a panel discussion at the Smith Center for Education & Research at Wolfe’s Neck.

    On Wednesday, Buttigieg will visit the Portland International Marine Terminal and the East Deering neighborhood of Portland, where a $25 million federal RAISE grant was awarded in June for traffic improvements around the future site of the Roux Institute, a research hub and graduate school that is part of Northeastern University.

    The two-day visit is part of an effort to highlight investments by the Biden-Harris administration in strengthening supply chains, supporting rural and tribal communities, and making it easier for people to get to where they need to go.

    This story will be updated.


    « Previous

    Where Tim Walz stands on abortion, climate, marijuana and other key issues

    Related Stories

    Loading Related Posts



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Dubai Investments names new Chief Financial Officer

    March 27, 2026

    Octopus Investments cuts one fifth of workforce amid AI-driven overhaul

    March 27, 2026

    I Asked ChatGPT Which Investments Won’t Survive the Next Recession: Here’s What It Said

    March 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

    Rule change to make ‘green’ bonds easier to use

    March 31, 2026

    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
    Don't Miss
    Mutual Funds

    Tax planning for mutual fund investments

    April 1, 2026

    Avoiding income by deferring year-end purchases Mutual funds must pay out their gains and income…

    Rule change to make ‘green’ bonds easier to use

    March 31, 2026

    Active funds still have an alpha edge, majority win on risk-adjusted basis | Mutual Funds

    March 31, 2026

    Premium Bonds savers wait 3 years on average before a win

    March 31, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    US equity funds see biggest weekly outflow in two months

    August 16, 2024

    This mutual fund house predicts up to 15% drop in gold prices by August

    June 5, 2025

    US bonds: US bonds two-year yield falls below 10-year yield for the first time since July 2022

    August 5, 2024
    Our Picks

    Tax planning for mutual fund investments

    April 1, 2026

    Rule change to make ‘green’ bonds easier to use

    March 31, 2026

    Active funds still have an alpha edge, majority win on risk-adjusted basis | Mutual Funds

    March 31, 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.