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LIVE DESK·Global markets desk·Last updated 14s ago
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U.S. appeals court ruling on $16 bln Hudson Tunnel project payments

Trump administration seeks to overturn judge’s order to resume federal funding for New York-New Jersey rail link after partial government shutdown halted payments.

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Helena Vásquez · Business Desk · 30 Aug 2026 · 05:49 · 1 min read
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U.S. appeals court ruling on $16 bln Hudson Tunnel project payments

The U.S. Transportation Department has filed an appeal against an appeals court ruling that upheld a judge’s order to resume payments for the $16 billion Hudson Tunnel Project, a critical commuter rail link between Manhattan and New Jersey.

The project, which includes construction of a new tunnel and repairs to the century-old North River Tunnel, serves more than 200,000 daily travelers and 425 trains. Federal funding was halted on October 1 following a partial government shutdown, prompting legal action.

In February, a U.S. judge ordered the resumption of grant payments. An appeals court rejected the Trump administration’s bid to block the payments on Wednesday. The administration filed its latest appeal on Friday, August 28, seeking to overturn the ruling and maintain the funding freeze.

The dispute centers on the administration’s decision to withhold grant funds, citing the partial shutdown as justification. Congressional Democrats have previously criticized the move as an attempt to undermine the project’s progress.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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