Read the full text of Trump’s infrastructure plan – from CNBC
In section VI.C, it mentioned about the Federal Divestiture of Assets, does it hint that Fed wants to sell GSE warrants?
C. Authorize Federal Divestiture of Assets that Would Be Better Managed by
State, Local, or Private Entities
The Federal Government owns and operates certain infrastructure that would
be more appropriately owned by State, local, or private entities.
For example, the vast majority of the Nation’s electricity needs are met through
for-profit investor-owned utilities. Federal ownership of these assets can
result in sub-optimal investment decisions and create risk for taxpayers.
Providing Federal agencies authority to divest of Federal assets where the
agencies can demonstrate an increase in value from the sale would optimize the
taxpayer value for Federal assets. To utilize this authority, an agency would
delineate how proceeds would be spent and identify appropriate conditions
under which sales would be made. An agency also would conduct a study or
analysis to show the increase in value from divestiture. Examples of assets for
potential divestiture include—
o Southwestern Power Administration’s transmission assets;
o Western Area Power Administration’s transmission assets;
o Ronald Reagan Washington National and Dulles International Airports;
o George Washington and Baltimore Washington Parkways;
o Tennessee Valley Authority transmission assets;
o Bonneville Power Administration’s
- The Trump administration released the full text of its infrastructure proposal to Congress on Monday.
- The plan includes $200 billion in federal funds that are intended to stimulate more than $1.5 trillion in spending from local and state governments and private entities over a decade.
The Trump administration released the full text of its infrastructure proposal to Congress on Monday.
The plan includes $200 billion in federal funds that are intended to stimulate more than $1.5 trillion in spending mostly from local and state governments and private entities over a decade.
In a letter addressed to Congress at the beginning of the proposal, President Donald Trump asks lawmakers to “act soon” on a bill that would:
- Stimulate at least $1.5 trillion in new investment over the next decade;
- Shorten the approval process for projects to two years or less;
- Focus on infrastructure needs for rural areas;
- Encourage training for American workers;
- Create opportunities for state and local governments to invest in “large-scale infrastructure projects.”
Trump, who often touts his history as a real estate developer, made infrastructure one of the pillars of his presidential campaign. However, the president has indicated that he is skeptical of public-private partnerships, a key part of the White House’s plan.