US Govt Shutdown | Trump freezes $2.1B Chicago infra funds; Mayor Johnson calls it 'egregious act'

The Economic Times October 4, 2025
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A Times Internet Product The Economic Times is an English-language Indian daily newspaper published by the Bennett, Coleman & Co. Ltd., more popularly known as The Times Group. The Economic Times, started in 1961, is Asia's largest and among the world's top 3 English Business dailies. Published simultaneously from 12 cities - Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh and Pune. www.economictimes.com is India's No. 1 business and financial news website. Launched in 1999, economictimes.com offers live 24x7 coverage of economy, business and markets from around the world, with special focus on India. The Times Group is India's most diversified media company with power brands across publishing, television, internet, radio and outdoor domains. To subscribe, go to: http://www.youtube.com/TheEconomicTimes?sub_confirmation=1 For more videos visit our website - http://economictimes.indiatimes.com/TV

Video Description

US President Donald Trump’s administration has frozen $2.1 billion in transit funding for Chicago as the government shutdown battle deepens. The freeze is part of at least $28 billion in funds withheld from Democratic-led cities and states, targeting projects in New York, California, and beyond. Budget officials reportedly claimed that Chicago’s transit money was paused over 'race-based contracting' concerns. (AI-GENERATED AUDIO) #Trump #Chicago #GovernmentShutdown #FundingFreeze #USNews #BreakingNews #BlueStates #TransitFunding #Pritzker #LatestUSNews ► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1 ► More Videos @ ETTV - https://economictimes.indiatimes.com/TV ► https://EconomicTimes.com ► For business news on the go, download ET app: https://etapp.onelink.me/tOvY/EconomicTimesApp Follow ET on: ► Facebook - https://www.facebook.com/EconomicTimes ► Twitter - https://www.twitter.com/economictimes ► LinkedIn - https://www.linkedin.com/company/economictimes ► Instagram - https://www.instagram.com/the_economic_times ► Flipboard - https://flipboard.com/@economictimes #news #latestnews #economictimes #ET #TheEconomicTimes #businessnews

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