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Investing.com -- The Trump administration is set to withdraw its approval for New York City’s contentious congestion pricing plan, a move that deals a significant setback to Governor Kathy Hochul, the New York Post reported. The plan, widely criticized by citizens, is now on the brink of being scrapped.
The US Department of Transportation’s Federal Highway Administration will rescind the approval of the program, as stated in a forthcoming letter from Transportation Secretary Sean Duffy to Hochul. The letter is expected to be sent on Wednesday afternoon.
Transportation Secretary Duffy criticized the scheme, saying it unfairly burdens working-class Americans and small business owners. He pointed out that these individuals have already contributed to the construction and enhancement of city roads through their taxes. The move to withdraw approval is being seen as a significant critique of the plan, which has been described as "backwards and unfair".
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