President Donald Trump final month advised Senate Minority Chief Chuck Schumer, D-N.Y., that he could be prepared to unfreeze $16 billion in funding for a serious infrastructure venture in New York if Schumer would conform to rename New York’s Penn Station and Washington’s Dulles Airport after him, two sources accustomed to the dialog advised ABC Information.
The Hudson Tunnel Venture — which might join New York Metropolis and New Jersey — had already began. The venture consists of constructing 9 miles of recent passenger rail monitor and rehabilitating the North River Tunnel, based on the commission accountable for it.
Senate Minority Chief Chuck Schumer, D-N.Y., speaks throughout a TV information interview on the Capitol in Washington, early Feb. 5, 2026.
J. Scott Applewhite/AP
Officers in New York and New Jersey mentioned if the cash is not freed-up by Friday, the venture would cease, leaving roughly 1,000 development jobs in jeopardy.
Sources advised ABC that Schumer rejected Trump’s supply.

President Donald Trump speaks about TrumpRx within the South Courtroom Auditorium within the Previous Eisenhower Government Workplace Constructing on the White Home campus, Thursday, Feb. 5, 2026, in Washington.
Alex Brandon/AP
The White Home and Schumer’s workplace haven’t but commented on the story, which was first reported by Punchbowl Information.
Over the previous yr, Trump has added his identify on the Kennedy Center and the U.S. Institute for Peace. In December the U.S. Navy introduced plans for “Trump Class” of battleships. And, on Thursday, Trump unveiled a brand new authorities web site for pharmaceuticals known as TrumpRx.
