New York Gov. Kathy Hochul said the state will replace federal Medicaid reimbursements lost under H.R. 1, which bars organizations that provide abortions and received at least $800,000 in 2023 from federal Medicaid funding. Planned Parenthood’s five New York affiliates—operating 47 clinics that serve about 200,000 patients a year, including 100,000 Medicaid recipients—were designated “prohibited entities,” making them ineligible for federal funds across all services. State dollars will cover the gap to maintain access to contraception, abortion services, STI/HIV prevention, prenatal and menopausal care, mental health support, wellness visits and cancer screenings, with an emphasis on rural and medically underserved areas. The move follows broader state investments in reproductive health, including provider protections and $25 million annually through the New York State Abortion Access Program.
Governor Hochul Steps in to Protect Critical Health Care Provided by Planned Parenthood in Face of Federal Cuts
Republicans in Washington Stripped Funding for Planned Parenthood Clinics Across Nation
Governor Secures State Funding To Ensure New Yorkers Have Access to the Care They Need
Governor Kathy Hochul today announced that New York State will protect access to reproductive health care services despite Washington Republicans’ targeted attacks against Planned Parenthood health centers and the services they provide. Earlier this year, Congressional Republicans voted to end Medicaid patients’ ability to seek care at Planned Parenthood, threatening Planned Parenthood’s ability to operate in New York and compromising New Yorkers’ access to health care services, including contraception, abortion, STI and HIV prevention, prenatal and menopausal care, mental health services, and preventive care like wellness visits and cancer screenings.
”Washington Republicans have shown time and again that they’ll stop at nothing to undermine women’s health care and restrict access to reproductive rights,” Governor Hochul said. “In the face of Congressional Republicans voting to defund Planned Parenthood, I’ve directed the state to fund these vital services, protecting access to health care that thousands of New Yorkers rely on. I will always stand up for reproductive rights and the health care that New Yorkers deserve.”
Planned Parenthood is the leading provider of sexual and reproductive health services in New York State via five affiliate organizations, including Planned Parenthood of Greater New York, Planned Parenthood Hudson Peconic, Planned Parenthood of Central and Western New York, Planned Parenthood of the North Country New York, and Upper Hudson Planned Parenthood. This network of affiliates currently operates 47 health centers that serve over 200,000 patients each year. This includes 100,000 Medicaid patients, totaling over $35 million in annual Gross Medicaid revenue.
Over 60 percent of Planned Parenthood health centers are in rural or medically underserved areas, and these centers are often the only option available to New Yorkers living in these rural areas. They are a critical source of affordable health care to Medicaid and non-Medicaid recipients.
What Washington Republicans Voted To Do:
H.R. 1, enacted into law on July 4, includes a one-year prohibition on federal Medicaid funding for organizations that provide abortions and that received $800,000 or more in federal Medicaid funds in 2023.
H.R. 1 classified these organizations as “prohibited entities.” Planned Parenthood’s five affiliates in New York are the only providers in the state that meet the definition of a “prohibited entity.”
Prior to the passage of H.R. 1, Medicaid claims submitted by Planned Parenthood were reimbursed with a combination of federal and State dollars, though no federal dollars are used to reimburse abortion services.
Now that they are deemed a “prohibited entity” under H.R. 1, Planned Parenthood is no longer eligible to receive federal Medicaid funds for any of the services they provide.
Governor Hochul is protecting access to reproductive health care for all New Yorkers by allocating state funds to cover lost federal funding to Planned Parenthood affiliates in New York.
Governor Hochul continues to reaffirm her commitment to keeping reproductive resources safe and accessible in New York State. The Governor has made historic investments to expand reproductive freedom for New Yorkers, including increasing funding for abortion care providers, signing legislation to protect New York doctors and securing $25 million annually to fund abortion health care services through the New York State Abortion Access Program.
New York City Mayor Eric Adams on Oct. 23, 2025, announced a $10 million municipal child-care pilot to offer on-site, affordable care for children as young as six weeks old to Department of Citywide Administrative Services employees. The 4,000-square-foot center—on the ground floor of the David N. Dinkins Municipal Building in Lower Manhattan—aims to open by September 2026 with capacity for up to 40 children, using underutilized city-owned space to help recruitment and retention. DCAS will manage design and construction and contract an outside provider; eligibility and guidelines are being developed with the Office of Labor Relations and municipal unions. The initiative builds on the administration’s broader early-childhood agenda, including 3-K expansion, special-education Pre-K, and child-care subsidies that have lowered out-of-pocket costs for many families.
Mayor Adams Continues to Make NYC the Best Place to Raise a Family With Launch of Child Care Pilot for Children of DCAS Employees as Young as Six Weeks Old
What you should know
$10 Million Investment Will Fund First-Ever Municipal Child Care Pilot Program for DCAS Employees
Municipal Child Care Pilot Leverages Underutilized City-Owned Space to Operate On-Site, Affordable Child Care
Builds on Adams Administration’s Historic, Permanent Funding to 3-K Citywide Expansion and Special Education Pre-K
NEW YORK – New York City Mayor Eric Adams and New York City Department of Citywide Administrative Services (DCAS) Commissioner Louis A. Molina today announced $10 million to launch the city’s first-ever Municipal Child Care Pilot Program, which will provide on-site and affordable child care to DCAS employees with children as young as six weeks old beginning in September 2026. Today’s investment builds on the Adams administration’s efforts to improve municipal employee retention, ensure the City of New York remains a competitive employer of choice, increase flexibility for working families, and make the city more affordable for public servants.
“Making New York City the best place to raise a family means that families shouldn’t have to live in fear that paying for child care will break their bank. Families deserve better, and, once again, our administration is delivering for them,” said Mayor Adams. “Today, we’re making our city more family friendly by launching New York City’s first-ever Municipal Child Care Pilot Program, which will provide on-site, affordable child care for free to some of the public servants who are serving their fellow New Yorkers. By turning underutilized, city-owned space into a child care centers, we’re giving back to the workers who give so much to our city. This bold investment delivers both peace of mind and will put money back into the pockets of working-class New Yorkers.”
“City employees should not have to choose between their commitment to public service and their commitment to parenthood,” said Deputy Mayor for Administration and Chief of Staff Camille Joseph Varlack. “At a time when city government is facing increased competition from the private sector, efforts like this pilot are crucial to increasing the offerings of family benefits and access to flexible work arrangements.”
“At DCAS, we recognize that affordable child care is not only a family issue; it’s also a workforce issue, a quality-of-life issue, and an earning potential and professional development issue — and these are all issues we cannot afford to ignore,” said DCAS Commissioner Molina. “With this solution-oriented pilot, we’re leveraging underutilized space to invest in our workforce. More than that, we’re ensuring that the City of New York remains an attractive employer for those willing to dedicate their lives to public service.”
The site for the child care pilot will be located on the ground floor of the David N. Dinkins Municipal Building, North Tower in Lower Manhattan ― DCAS’s headquarters and a central hub of city government operations. The estimated $10 million renovation will cover approximately 4,000 square feet and is being designed to accommodate up to 40 children.
Design and construction will be managed in-house by DCAS, with project completion anticipated by spring 2026. The high-quality, affordable program will be operated by a contracted child care provider to cater to DCAS employees with pre-school aged children as young as six weeks who are currently working at the David N. Dinkins Municipal Building. Accordingly, DCAS will be issuing a Demonstration Project solicitation for proposals from qualified vendors. Eligibility criteria for the pilot, including the participating age range, is being developed in conjunction with the Office of Labor Relations and city unions. The Municipal Child Care Pilot Program will be closely evaluated to determine if expanding the program to additional locations is feasible.
“We know how vital child care is for our employees,” said New York City Office of Labor Relations Commissioner Renee Campion. “This pilot will provide needed support to those who participate and help inform additional efforts to support our workforce. We look forward to working with DCAS and our municipal unions to pilot worksite day care for our employees.”
“Affordable, high-quality child care is essential for working families, including our city’s own workforce,” said New York City Councilmember Gale A. Brewer. “This pilot will help retain and recruit talented municipal employees and strengthen the city’s commitment to equity and family well-being. I look forward to seeing the program grow.”
“We hear from our members time and again that paying for quality child care is one of the top barriers to living and working in New York City, which is why we established a Child Care Trust in the last collective bargaining agreement,” said Henry Garrido, executive director, District Council 37 AFSCME, AFL-CIO. “This pilot program is a great additional solution for making child care more affordable and accessible for city workers, as well as for workforce recruitment and retention.”
Over the last three years, the Adams administration has been focused on making New York City more affordable for families through popular and essential programs like early childhood education. Recently, Mayor Adams announced a new pilot program, “Creating Real Impact at Birth” (CRIB), to connect and prioritize pregnant New Yorkers applying for shelter with housing vouchers to put them on a path toward permanent housing and stability, so that no child is born into the shelter system, as well as a $7 million expansion of the “Fatherhood Initiative,” which helps fathers reconnect with their children, provide financial support, and develop parenting skills. Additionally, the Adams administration launched a child care initiative for 0-2 year olds that puts New York City on the path to universal child care for low-income families if the initiative is successful, and enrolled a record 150,000 children across the early childhood education system. These initiatives all build on Mayor Adams reducing out-of-pocket costs of child care from $55 per week in 2022 to $5 per week with subsidies today for a family of four, and the administration met its commitment to offer a seat to every child who applied for 3-K on time last school year — the first time this has ever been done in the city’s history.
New York City has joined a nine-jurisdiction coalition led by Chicago to sue the U.S. Department of Homeland Security and FEMA, aiming to block new FY2025 “Standard Terms and Conditions” the cities call unlawful and dangerous to public safety. The lawsuit, filed in the U.S. District Court for the Northern District of Illinois, argues that federal officials exceeded their authority by conditioning counterterrorism and disaster-preparedness funds—over $100 million nationally—on certifications that recipients do not run “Diversity, Equity, Inclusion, and Accessibility (DEIA)” programs and that they comply with all of former President Donald Trump’s executive orders. NYC warns the cuts could hinder the NYPD’s radiological/nuclear detection efforts and transit system security, including active-shooter training and daily specialized deployments. The suit contends only Congress can change grant conditions and challenges a clause that could claw back triple the grant amounts, risking critical services. Joining NYC and Chicago are Denver, New Haven, Baltimore, Boston, Minneapolis, Saint Paul, and Ramsey County, MN.
City of New York Files Lawsuit to Protect Over $100 Million in Federal Emergency and Disaster Grants to Local Governments Nationwide
– The City of New York — as part of a national coalition of nine local governments from across the country — has filed a lawsuit against the U.S. Department of Homeland Security (DHS) and the Federal Emergency Management Agency (FEMA), challenging the federal government’s effort to force cities and counties to agree to unlawful conditions to continue to receive over $100 million in federal funding for countering terrorism, disaster preparedness, and other public safety programs. In the lawsuit, the coalition argues that without this funding, the New York City Police Department’s (NYPD) ability to detect and defend against a radiological or nuclear attack could be compromised. Additionally, funding that supports the New York City transit system’s operational security capability and capacity, including active shooter training and deploying specialized teams within the transit system every day, could be affected.
“Public safety has always been our administration’s North Star, which is why we have always fought for every penny from our state and federal counterparts to keep us safe,” said New York City Mayor Eric Adams. “We’ve hit historic lows in crime because we’ve always been willing to make the necessary investments, so now is not the time to go backwards. We are proud to join partners from across the nation, once again, in filing this lawsuit to keep New Yorkers, and Americans from across the nation, safe.”
“Losing funding that helps the NYPD prevent terror attacks on our subways, bridges, and tunnels would be contrary to law, the intent of Congress, and put millions of New Yorkers at risk,” said New York City Corporation Counsel Muriel Goode-Trufant.
In each of the last three fiscal years, New York City has been awarded approximately $150 million in grant funding for critical emergency management programs at the NYPD, the New York City Department of Transportation, and other city agencies. However, in Fiscal Year 2025, as part of the “Standard Terms and Conditions,” DHS adopted unlawful new conditions requiring recipients to certify that they do not “operate any programs that advance or promote ‘Diversity, Equity, Inclusion, and Accessibility’,” and requiring compliance with all of President Donald Trump’s executive orders to be eligible to receive the funds. The DHS grants help local governments prepare for, respond to, and recover from disasters such as acts of terrorism, mass shootings, cyber incidents, and other complex emergencies, putting critical services for numerous communities, including New York, at risk.
The lawsuit — led by the City of Chicago in Illinois and filed in the U.S. District Court for the Northern District of Illinois Eastern Division — states that new funding conditions added by the heads of federal agencies are unconstitutional and an overreach by the executive branch, which does not have the authority to change conditions related to federal grants without the approval of Congress.
The lawsuit resists efforts by the federal administration to coerce local governments into accepting these unlawful grant conditions, including a condition that puts at risk three times the amount of the grants based on vague and undefined requirements — further endangering critical services for New Yorkers.
Joining New York City and Chicago in filing the lawsuit are the cities of Denver, Colorado; New Haven, Connecticut; Baltimore, Maryland; Boston, Massachusetts; Minneapolis, Minnesota, and Saint Paul Minnesota; as well as the county of Ramsey, Minnesota.
Ashley Tellis, 64, a U.S. citizen residing in Vienna, Virginia, was arrested on Oct. 11 in connection with his alleged unlawful retention of classified national defense information. Tellis appeared today in the Eastern District of Virginia for a detention hearing.
“Safeguarding our country’s national defense information is a top priority,” said Principal Deputy Assistant Attorney General Sue J. Bai of the Justice Department’s National Security Division. “For those entrusted with our country’s most sensitive information, protecting it is a privilege and solemn responsibility. With the hard work and dedication of our prosecutors and agents, we will hold this defendant accountable for breaching that trust and exploiting his security clearance to unlawfully retain classified information detailing our military capabilities.”
“The FBI arrested Ashley Tellis, a senior advisor at the Department of State and a contractor within the Department of Defense, for allegedly removing over a thousand pages of classified national defense information from government facilities and storing them in his home,” said Assistant Director Roman Rozhavsky of the FBI’s Counterintelligence Division. “This arrest should serve as a stark warning to anyone thinking about undermining national security. The FBI and our partners will do everything within our power to find you and hold you accountable.”
“We are fully focused on protecting the American people from all threats, foreign and domestic. The charges as alleged in this case represent a grave risk to the safety and security of our citizens,” said U.S. Attorney Halligan for the Eastern District of Virginia. “The facts and the law in this case are clear, and we will continue following them to ensure that justice is served.”
“U.S. government security clearance holders are entrusted to keep our nation’s most sensitive secrets safe,” said Assistant Director in Charge Darren B. Cox of the FBI Washington Field Office. “By allegedly removing classified documents from government facilities and storing them in his basement, Mr. Tellis betrayed that trust. The FBI and our federal partners acted quickly to execute a court-authorized search warrant and arrest Tellis to protect our national security and prevent highly classified defense information from falling into the wrong hands.”
According to court documents, Tellis held a Top Secret security clearance with Sensitive Compartmented Information (SCI) access. He has worked for the U.S. Department of State since 2001 and currently serves in addition as a contractor for the Department of Defense’s Office of Net Assessment. He also serves as a Senior Fellow at the Carnegie Endowment for International Peace.
As alleged, Tellis accessed classified documents on multiple occasions from secured facilities, including a Sensitive Compartmented Information Facility (SCIF) at the Department of Defense and a secure computer system at the Department of State. In one instance, Tellis altered the filename of a classified document, printed portions of it under the altered title, and then deleted the re-named file. In another incident, he was observed placing classified materials into a notepad and concealing them within his personal briefcase before leaving a secured government facility.
During a court-authorized search of Tellis’s residence, investigators recovered over 1,000 pages of documents with classification markings, including materials labeled SECRET and/or TOP SECRET. These documents were found in locked filing cabinets, in a basement home office, and in trash bags stored in a basement utility area.
The FBI Washington Field Office is investigating the case, with valuable assistance from the Air Force Office of Special Investigations and the Department of State’s Diplomatic Security Service.
Assistant U.S. Attorney Seth Schlessinger for the Eastern District of Virginia and Trial Attorney Leslie Esbrook of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case.
A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
In a plot twist no solar installer asked for, New York Attorney General Letitia James and a multi-state crew filed twin lawsuits on October 16, 2025 to revive EPA’s now-canceled $7B “Solar for All” program—money meant to bring rooftop savings to nearly a million low-income households, including ~$250M for NYSERDA. They argue the EPA’s August shutdown (after funds were already obligated) flunks the Administrative Procedure Act, tramples Congress’s power of the purse, and breaches grant agreements—so they’re asking one court to restart the program and another to pay damages. Governors, AGs, and agencies from around the map joined in, essentially telling EPA: you can’t just unplug the sun and walk away.
Attorney General James Takes Action to Protect Clean Energy for Vulnerable Communities
AG James Joins Coalition Suing to Protect Billions of Dollars Intended to Provide Affordable Home Solar Power to Communities Nationwide EPA Illegally Revoked Nearly $250 Million for New York
– New York Attorney General Letitia James joined a coalition of plaintiffs in filing two lawsuits to protect billions of dollars in grant funding that would connect nearly one million households nationwide in low-income and vulnerable communities with affordable solar power. In August, the Environmental Protection Agency (EPA) illegally ended the Solar for All (SFA) program and rescinded billions of dollars already issued to states to fund programs that would bring low-cost home solar power to communities nationwide. Attorney General James and the coalition have filed lawsuits in the Court of Federal Claims and the United States District Court for the Western District of Washington seeking court orders ruling the administration’s termination of SFA unlawful and damages for the termination of individual grants worth billions of dollars.
“Providing more communities with affordable clean energy will help lower energy bills and tackle the climate crisis,” said Attorney General James. “The Solar for All program delivers critical resources to help install solar power on homes across the country. The EPA’s cancellation of Solar for All is illegal and unconstitutional, and I will keep fighting to ensure our communities have access to these funds.”
“The Trump administration’s continued assault on clean energy programs, including the attempt to cancel the Solar for All Program, is in direct contrast to the President’s claims of wanting U.S. energy independence,” said Governor Kathy Hochul. “The Statewide Solar for All program is part of a true all-of-the-above energy strategy in New York that is designed to generate significant benefits for our health, environment, economy, and for the thousands of New Yorkers who would benefit from lower electric bills.”
“At a time when affordability is top of mind for every New Yorker, especially for those with low to moderate incomes, the federal government should be partnering with states to advance an abundance of locally produced, clean energy that can help provide cost savings on monthly electric bills,” said Doreen M. Harris, President and CEO, New York State Energy Research and Development Authority. “The Environmental Protection Agency’s unlawful termination of the federal Solar for All program is creating a crippling ripple effect on the clean energy industry while forcing hard-working Americans to choose between household essentials as they try to budget for the increasing costs of electricity, heat and groceries.”
As part of the 2022 Inflation Reduction Act, Congress created and funded an EPA program that would provide states with funding to help low-income and vulnerable communities access clean energy technologies, including rooftop solar power. The EPA program, later named SFA, selected 60 grant recipients, including states, tribal governments, local governments, and nonprofit groups, to receive this funding. In August 2024, EPA announced that it had obligated $7 billion through SFA to deliver residential solar power to more than 900,000 low-income households nationwide. In New York, the New York State Energy Research and Development Authority (NYSERDA) was awarded $249,800,000 in SFA funding. Leaders in states across the country began developing SFA programs, meeting with community members and utility companies, and negotiating agreements with contractors to help install new solar infrastructure.
In July 2025, the administration enacted legislation that rescinded any remaining funds that had not been obligated as part of SFA. However, in August 2025, EPA began illegally targeting SFA and its funding that had already been obligated to states – funding that should not have been impacted by the new legislation. On August 7, EPA Administrator Lee Zeldin announced, “the Trump EPA is…ending Solar for All for good.” Shortly after, EPA shut down the SFA program and removed up to 90 percent of states’ SFA funds with no explanation.
In the District Court, Attorney General James and the coalition argue that EPA’s termination of the SFA program is illegal and unconstitutional. Stripping this program away entirely from states violates the Administrative Procedure Act and overrides Congress’s constitutional power of the purse. Attorney General James and the coalition also argue in the Court of Federal Claims that revoking the already obligated SFA grants is an illegal breach of contract and taking of property.
Attorney General James and the coalition are seeking a court order from the District Court ruling EPA’s elimination of SFA unlawful and ordering the resumption of the program. In addition, they are seeking damages from the Court of Federal Claims for the unlawful termination of individual grants, including the nearly $250 million grant to NYSERDA.
Joining Attorney General James in filing the lawsuit in the District Court are the attorneys general of Arizona, California, Colorado, Connecticut, Hawaii, Illinois, Massachusetts, Maine, Maryland, Michigan, Minnesota, New Jersey, New Mexico, North Carolina, Oregon, Rhode Island, Vermont, Washington, and the District of Columbia. Also joining the lawsuit are the governors of Kentucky and Pennsylvania, as well as the Wisconsin Economic Development Corporation.
Joining Attorney General James in filing the lawsuit in the Court of Federal Claims are the attorneys general of Arizona, California, Colorado, Connecticut, Hawaii, Illinois, Massachusetts, Maine, Maryland, Michigan, Minnesota, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Rhode Island, Vermont, Washington, and the District of Columbia. Also joining the lawsuit are the governors of Kentucky and Pennsylvania, as well as the Wisconsin Economic Development Corporation.
Mahmoud Amin Ya’qub Al-Muhtadi, 33, a Gazan native currently residing in Lafayette, Louisiana, was arrested yesterday for his alleged involvement in the Hamas-led terrorist attack against Israel on Oct. 7, 2023.
“After hiding out in the United States, this monster has been found and charged with participating in the atrocities of October 7 — the single deadliest day for Jewish people since the Holocaust,” said Attorney General Pamela Bondi. “While nothing can fully heal the scars left by Hamas’s brutal attack, this Department’s Joint Task Force October 7 is dedicated to finding and prosecuting those responsible for that horrific day, including the murder of dozens of American citizens. We will continue to stand by Jewish Americans and Jewish people around the world against anti-Semitism and terrorism in all its forms.”
“As set forth in documents filed yesterday, on October 7, when Al-Muhtadi learned of the unfolding barbaric attack on Israel and civilians from multiple nations, including the United States, he sprang into action. He armed himself, recruited additional marauders, and then entered Israel, where there is evidence placing him near one of the worst-hit Israeli communities,” said Assistant Attorney General for National Security John A. Eisenberg. “Subsequently, Al-Muhtadi fraudulently obtained a visa to enter the United States where he hoped to remain undetected. This arrest is the first public step in bringing to justice those responsible for harming Americans on that day.”
“October 7 is a day that lives in infamy for so many, Gentile and Jew alike, because of the terrorist attack on Israel that began a wave of antisemitic violence,” said U.S. Attorney Zachary A. Keller for the Western District of Louisiana. “Let this arrest serve as a reminder both that those who perpetrate acts of terrorism cannot evade justice by hiding in our communities and that state, local, and federal law enforcement — here, the FBI, U.S. Customs and Border Patrol, Louisiana State Police, Lafayette Police Department, and Lafayette Parish Sheriff’s Office — are working tirelessly to bring these people to justice.”
According to court documents, Al-Muhtadi is an operative for the Democratic Front for the Liberation of Palestine’s (DFLP) military wing, the National Resistance Brigades (NRB, also known as the Martyr Umar al-Qasim Forces), a Gaza-based paramilitary group that participated in the Hamas-led terrorist attack against Israel on Oct. 7, 2023.
As alleged, on the morning of Oct. 7, 2023, Al-Muhtadi learned about the Hamas invasion, armed himself, gathered others, and crossed into Israel with the intention of assisting in Hamas’s terrorist attack. According to the complaint, Al-Muhtadi’s phone utilized a cell tower located near Kibbutz Kfar Aza in Israel – the location of a horrifying massacre by Hamas and its supporters resulting in the deaths of many civilians, including at least four American citizens.
In addition, Al-Muhtadi allegedly provided false information in his U.S. visa application relating to his involvement with a paramilitary organization, connection to Hamas, participation in a terrorist attack, and military training. Al-Muhtadi swore to the accuracy of numerous materially false statements in his visa application with respect to at least his affiliation with DFLP, the NRB, and Hamas, his training, and his involvement in the Oct. 7, 2023, attacks. According to U.S. Department of Homeland Security Customs and Border Protection records, Al-Muhtadi entered the United States on Sept. 12, 2024.
Joint Task Force October 7 (JTF 10-7) and the FBI New Orleans Field Office are investigating the case, with valuable assistance from Israeli authorities, including the State Attorney’s Office of Israel, the Israeli Security Agency, Lahav 433 and the Intelligence and Investigation Department of the Israel National Police, the Israel Defense Forces, and the Israeli National Bureau for Counter Terror Financing, as well as the FBI Law Enforcement Attache Office in Israel. The Louisiana State Police, U.S. Customs and Border Protection, Lafayette Police Department and the Lafayette Parish Sheriff’s Office also provided significant assistance.
Assistant U.S. Attorney John Nickel for the Western District of Louisiana; Trial Attorneys A.J. Dixon, Andrew Sigler and JTF 10-7 Lead Attorney Alicia Cook of the National Security Division’s Counterterrorism Section; and Assistant U.S. Attorney Zoe Bedell for the Eastern District of Virginia are prosecuting the case. Valuable assistance was also provided by Trial Attorney Mark Aziz with the Justice Department’s Office of International Affairs.
Al-Muhtadi’s presence in the U.S. was discovered by JTF 10-7. Established in February 2025 by Attorney General Pamela Bondi, JTF 10-7 was created to spearhead the Justice Department’s ongoing investigations into the perpetrators of the heinous October 7, 2023, terrorist attack on Israel, in which approximately 1,200 people were murdered by Hamas, including 49 U.S. citizens, and approximately 250 additional people were abducted by Hamas, including 8 U.S. citizens. The task force reinforces the Department’s commitment to degrading and dismantling Hamas, holding Hamas supporters accountable, achieving justice for victims, and fighting terrorist-led antisemitism.
New York State is investing nearly $80 million to help seven non-MTA transit systems switch to cleaner buses and build the charging and hydrogen infrastructure they need. Through the Zero-Emission Transit Transition (ZETT) Program—first launched with $100 million in December 2024 and boosted by $20 million in the FY26 budget—funding goes to CDTA, Centro, NFTA, RTS, Suffolk County Transit, Broome County Transit, and Ulster County Area Transit. Projects include new maintenance and training facilities, utility and safety upgrades, two hydrogen-electric buses for CDTA, up to 18 battery-electric buses for NFTA, 10 hydrogen-electric buses for RTS, 12 battery-electric buses for Suffolk County, three for Broome County, and planning for UCAT’s new EV-ready depot. The goal is simple: cut greenhouse gases, improve air quality, and modernize transit across New York.
Governor Kathy Hochul announced that nearly $80 million in state funding has been awarded to help seven transit providers expand their use of zero-emission vehicles under the state’s Zero-Emission Transit Transition Program (ZETT). The program supports the Governor’s nation-leading agenda to reduce greenhouse gas emissions and achieve New York’s energy goals.
“New York’s push to transition public transit agencies to zero-emission fleets is a crucial step in achieving our clean energy goals,” Governor Hochul said. “Increasing the number of zero-emission transit vehicles in every corner of our state will deliver cleaner air and healthier communities across New York.”
New York State State Department of Transportation Commissioner Marie Therese Dominguez said, “Under Governor Hochul’s leadership, New York continues to make targeted, smart investments in zero emission transit to reduce greenhouse gas emissions and NYSDOT’s ZETT program is focused on providing clean transportation alternatives for areas across the Empire State. The Zero-Emission Transit Transition (ZETT) program offers local New York transit agencies a unique opportunity to invest in climate-friendly vehicles for their respective fleets, which will help improve the health of local communities while reducing the state’s carbon footprint.”
Non-MTA transit authorities were encouraged to apply for funding to support the acquisition of zero-emission transit vehicles, construction of facilities and utility infrastructure for charging and fueling, and necessary planning and design phases for zero-emission capital projects.
Award recipients and their projects:
Capital District Transportation Authority (CDTA) – $17.5 million: This project will involve the planning, design, and construction of a new training and maintenance facility to support a zero-emission fleet that will cover service in Schenectady and Montgomery Counties, and parts of Saratoga County. The project also includes the purchase of two hydrogen-electric/fuel-cell buses.
Central New York Regional Transportation Authority (Centro) – $17.5 million: This project will consolidate facilities and operations in Oneida County to support the transition to a zero-emission fleet, allowing for potential expansion to Madison and Herkimer Counties. The project also includes the purchase of battery-electric and/or hydrogen-electric/fuel-cell vehicles.
Niagara Frontier Transportation Authority (NFTA) – $17.5 million: This project will install two lanes of charging infrastructure at the Cold Spring Bus Garage and fund the purchase of 18 battery-electric buses. Additionally, a feasibility study will be conducted to determine the infrastructure requirements and costs of expanding the zero-emission fleet to the Frontier and Babcock Bus Garages.
Rochester-Genesee Regional Transportation Authority (RTS) – $17.5 million: This facility infrastructure project will update the operations building with utility and safety improvements to accommodate hydrogen-electric/fuel-cell buses. It will also fund the purchase of 10 hydrogen-electric/fuel-cell buses.
Suffolk County Transit – $5 million: This project provides funding for the purchase of 12 battery-electric buses.
Broome County Transit – $3.34 million: This project provides funding for the purchase of three battery-electric buses.
Ulster County Area Transit (UCAT) – $1.35 million: This project will fund a site selection and design of a new bus facility equipped with electric vehicle charging capabilities.
First announced in December 2024, the ZETT Program provides $100 million in funding to transit providers across New York State to support the transition of transit fleets to zero-emission propulsion (battery-electric and hydrogen-electric). The FY26 Enacted Budget added $20 million to the fund. Eligible applicants included transit authorities, counties, municipalities, and other entities receiving or eligible to receive New York Statewide Mass Transportation Operating Assistance (STOA). The Metropolitan Transportation Authority (MTA) and intercity bus operators were not eligible.
State Senator Jeremy Cooney said, “I’ve always believed that our state’s ambitious climate goals go hand-in-hand with our transportation and infrastructure goals. Thanks to Governor Hochul’s leadership, New York is establishing itself at the forefront of clean transportation options that will create a greener future for our state while meeting the transit needs of New Yorkers.”
Assembly Transportation Committee Chair William Magnarelli said, “It is encouraging to see funding going out to transit authorities to support the transition to zero-emission vehicles. The proper infrastructure is needed for this transition and these awards will help in this effort, especially Central New York.”
About the State Department of Transportation It is the mission of the New York State Department of Transportation to provide a safe, reliable, equitable and resilient transportation system that connects communities, enhances quality of life, protects the environment and supports the economic well-being of New York State.
Lives are on the line; slow down and move over for highway workers! For more information, find us on Facebook, follow us on X or Instagram, or visit the DOT website. For up-to-date travel information, call 511, visit www.511NY.org or download the free 511NY mobile app.
October 14, 2025
Albany, NY
Data Table for US Climate Spending and Fossil Fuel Production in China, India, and Russia (2000–2024, Every 3 Years)
This table presents data points for 2000 and every 3 years thereafter (2003, 2006, 2009, 2012, 2015, 2018, 2021, 2024). Metrics follow prior definitions:
US Climate Spending: Approximate federal annual outlays ($ billions, nominal USD) on mitigation, adaptation, research, and clean energy programs (sources: OMB, GAO, CBO, RMI analyses).
Production: Coal in million metric tons (Mt); oil in thousand barrels per day (kb/d) (sources: BP Statistical Review, EIA, CEIC, national stats).
Trends: US spending surged post-2009 (ARRA) and post-2021 (IRA/IIJA); target countries’ production grew due to domestic energy demands, not US policy.
Year
US Climate Spending ($B)
China Coal (Mt)
China Oil (kb/d)
India Coal (Mt)
India Oil (kb/d)
Russia Coal (Mt)
Russia Oil (kb/d)
2000
2.0
1,300
3,400
310
700
270
6,200
2003
2.3
1,800
3,500
340
730
285
9,000
2006
2.6
2,300
3,800
460
730
325
9,800
2009
28.9
3,100
4,000
510
760
320
9,900
2012
3.7
3,600
4,100
550
770
340
10,300
2015
4.0
3,800
4,100
700
750
390
11,000
2018
13.3
3,700
4,000
740
720
440
11,200
2021
20.0
4,000
4,000
750
690
430
10,000
2024
50.0
4,800
4,300
1,050
590
430
9,200
Key Observations from These Intervals
US Spending Growth: From ~$2B (2000) to $50B (2024), a ~2,400% increase, driven by legislative spikes (e.g., 2009 stimulus to $28.9B; 2021+ laws averaging $50B/year).
Department of Justice Files Largest Ever Forfeiture Action Against Approximately $15B in Bitcoin Currently in U.S. Custody
An indictment was unsealed today in federal court in Brooklyn, New York, charging UK and Cambodian national Chen Zhi, also known as Vincent, 37, the founder and chairman of Prince Holding Group (Prince Group), a multinational business conglomerate based in Cambodia, with wire fraud conspiracy and money laundering conspiracy for directing Prince Group’s operation of forced-labor scam compounds across Cambodia. Individuals held against their will in the compounds engaged in cryptocurrency investment fraud schemes, known as “pig butchering” scams, that stole billions of dollars from victims in the United States and around the world. The defendant is at large.
The U.S. Attorney’s Office for the Eastern District of New York and the Justice Department’s National Security Division also filed today a civil forfeiture complaint against approximately 127,271 Bitcoin, currently worth approximately $15 billion, that are proceeds and instrumentalities of the defendant’s fraud and money laundering schemes, and were previously stored in unhosted cryptocurrency wallets whose private keys the defendant had in his possession. Those funds (the Defendant Cryptocurrency) are presently in the custody of the U.S. government. The complaint is the largest forfeiture action in the history of the Department of Justice.
“Today’s action represents one of the most significant strikes ever against the global scourge of human trafficking and cyber-enabled financial fraud,” said Attorney General Pamela Bondi and Deputy Attorney General Todd Blanche. “By dismantling a criminal empire built on forced labor and deception, we are sending a clear message that the United States will use every tool at its disposal to defend victims, recover stolen assets, and bring to justice those who exploit the vulnerable for profit. We are grateful for the hard work of Director Patel and the men and women of the FBI.”
“Today the FBI and partners executed one of the largest financial fraud takedowns in history,” said FBI Director Kash Patel. “This is an individual who allegedly operated a vast criminal network across multiple continents involving forced labor, money laundering, investment schemes, and stolen assets — targeting millions of innocent victims in the process. Justice will be done and I’m proud of the men and women of the FBI who executed the mission faithfully.”
“As alleged, the defendant was the mastermind behind a sprawling cyber-fraud empire operating under the Prince Group umbrella, a criminal enterprise built on human suffering. Trafficked workers were confined in prison-like compounds and forced to carry out online scams on an industrial scale, preying on thousands worldwide, including many here in the United States,” said Assistant Attorney General for National Security John A. Eisenberg. “This indictment and historic forfeiture, the largest in Department history, reflect our commitment to using every tool at our disposal to ensure such crimes do not pay.”
“As alleged, the defendant directed one of the largest investment fraud operations in history, fueling an illicit industry that is reaching epidemic proportions,” said U.S. Attorney Joseph Nocella Jr. for the Eastern District of New York. “Prince Group’s investment scams have caused billions of dollars in losses and untold misery to victims around the world, including here in New York, on the backs of individuals who have been trafficked and forced to work against their will. This historic indictment and forfeiture complaint send a strong message to fraudsters everywhere that we will pursue you no matter where you are, no matter who you are, and no matter your insidious methods, and we will never stop fighting for victims.”
As alleged in the indictment and forfeiture complaint, since approximately 2015, the defendant has been the founder and chairman of Prince Group, a Cambodian corporate conglomerate that operates dozens of business entities in more than 30 countries. Prince Group is ostensibly focused on real estate development, financial services, and consumer services. However, in secret, the defendant and his top executives grew Prince Group into one of Asia’s largest transnational criminal organizations. Under the defendant’s direction, Prince Group made enormous profits operating scam compounds across Cambodia that perpetrated fraudulent cryptocurrency investment schemes.
To perpetrate these schemes, malicious actors contacted unwitting victims through messaging or social media applications and convinced them to transfer cryptocurrency to specified accounts based on false promises that the funds would be invested and generate profits. In reality, the funds were stolen from the victims and laundered for the benefit of the perpetrators. The scam perpetrators often built relationships with their victims over time, earning their trust before stealing their funds.
Prince Group’s schemes targeted victims around the world, including in the United States, with assistance from local networks working on Prince Group’s behalf. One such network operated in Brooklyn, New York, and facilitated the fraudulent transfer and laundering of millions of dollars on behalf of Prince Group from over 250 victims in New York and across the country.
Prince Group carried out these schemes by trafficking hundreds of workers and forcing them to work in compounds in Cambodia and execute the scams, often under the threat of violence. The compounds housed vast dormitories surrounded by high walls and barbed wire, and functioned as violent forced labor camps. The defendant was directly involved in managing the scam compounds and maintained records associated with each one, including ledgers tracking profits and which fraudulent schemes were run out of which rooms. The defendant also maintained documents describing and depicting “phone farms” at the compounds: automated call centers that used thousands of phones and millions of mobile telephone numbers to facilitate the various fraudulent schemes. The defendant was directly involved in using violence against the individuals within the forced labor camps and possessed images of Prince Group’s violent methods, including photographs depicting beatings and other methods of torture. The defendant communicated directly with his subordinates about beating individuals who “caused trouble,” in one case specifying that the victims should not be “beaten to death.”
In furtherance of these schemes, the defendant and a close network of Prince Group’s top executives used their political influence in multiple foreign countries to protect their criminal enterprise and paid bribes to public officials to avoid disruption by law enforcement. They subsequently laundered the proceeds of the fraudulent schemes through professional money laundering operations and through Prince Group’s own network of ostensibly legal business enterprises, including its online gambling and cryptocurrency mining operations.
At the defendant’s direction, Prince Group associates used sophisticated cryptocurrency laundering techniques to obscure the source of fraudulent Prince Group profits, including “spraying” and “funneling” techniques in which large volumes of cryptocurrency were repeatedly disaggregated across scores of virtual currency addresses and then re-consolidated into fewer addresses to obscure the source of the funds. Some of these criminal proceeds were ultimately held in wallets at cryptocurrency exchanges or exchanged for traditional currency and stored in traditional bank accounts. Other criminal proceeds included the Defendant Cryptocurrency, which was stored in unhosted cryptocurrency wallets whose private keys the defendant personally held. The defendant maintained diagrams recording the process by which some of the Defendant Cryptocurrency was laundered. The defendant boasted to others of Prince Group’s mining businesses that “the profit is considerable because there is no cost” — that is, unlike legitimate enterprises, the operating capital for the cryptocurrency mining businesses comprised money stolen from Prince Group’s many victims.
The defendant and his co-conspirators subsequently used some of the criminal proceeds for luxury travel and entertainment and to make extravagant purchases such as watches, yachts, private jets, vacation homes, high-end collectables, and rare artwork, including a Picasso painting purchased through an auction house in New York City.
If convicted, the defendant faces a maximum penalty of 40 years in prison.
In parallel with today’s actions by the Department of Justice, the Department of the Treasury today designated Prince Group as a transnational criminal organization and announced sanctions against the defendant and multiple associated individuals and entities, for their roles in illicit activity. The United Kingdom’s Foreign, Commonwealth and Development Office also announced sanctions.
The FBI New York Joint Asian Criminal Enterprise Task Force is investigating the case, with assistance from the FBI’s Virtual Asset Unit.
If you have information about Chen Zhi or Prince Group, please contact the FBI at PrinceGroupTips@fbi.gov. According to the FBI Internet Crime Complaint Center’s 2024 Internet Crime Report, cryptocurrency investment fraud caused more than $5.8 billion in reported losses in 2024 alone. You can learn more about cryptocurrency investment fraud here. Members of the public who believe they are victims of cryptocurrency investment fraud and other cyber-enabled crime should contact the FBI Internet Crime Complaint Center at www.ic3.gov.
Assistant U.S. Attorneys Alexander F. Mindlin, Andrew D. Reich, Benjamin Weintraub and Rebecca M. Schuman for the Eastern District of New York are prosecuting the case in partnership with Deputy Chief Christopher B. Brown of the National Security Division’s NatSec Cyber Section, and Assistant U.S. Attorney Tanisha Payne for the Eastern District of New York’s Asset Recovery Section is handling forfeiture matters.
The Department of Justice’s Office of International Affairs provided valuable assistance duringthe investigation. The Government also thanks the United Kingdom’s National Crime Agency, the Isle of Man Constabulary’s Proactive International Money-Laundering Investigations Team and the United Kingdom’s Foreign, Commonwealth & Development Office, which also announced sanctions today against entities related to Prince Group.
An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
New York Attorney General Letitia James announced on October 14, 2025 that eight car insurance companies will pay $14.2 million and strengthen their cybersecurity after hackers exploited “pre-fill” quote tools and exposed driver’s license numbers and other data for more than 825,000 New Yorkers—information later used in some fraudulent unemployment claims. The settlements—with American Family/Midvale, Farmers, Hagerty, The Hartford, Infinity, Liberty Mutual, Metromile, and State Auto—require better authentication, monitoring, logging, data inventories, and incident response; affected New Yorkers were offered one year of free credit monitoring. Combined with earlier actions against four other insurers, AG James has now secured $20.79 million from 10 auto insurance companies for data security failures.
– New York Attorney General Letitia James today secured $14.2 million from eight car insurance companies for failing to protect the private information of more than 825,000 New Yorkers. The data breaches were part of a hacking campaign that targeted car insurance companies’ quoting tools and stole people’s personal information, including driver’s license numbers and dates of birth. The hackers later used some of the stolen driver’s license information to file fraudulent unemployment claims at the height of the COVID-19 pandemic.
An investigation by the Office of the Attorney General (OAG) and the New York State Department of Financial Services (DFS) concluded that the car insurance companies did not implement reasonable data security controls to protect consumers’ private information. Today’s settlements require all eight companies to pay penalties and significantly improve their data security. Affected New Yorkers were offered free credit report monitoring for one year. Attorney General James previously secured $6.5 million from four other car insurance companies for also failing to protect New Yorkers’ data. To date, Attorney General James has secured a total of $20.79 million from 10 auto insurance companies. Attorney General James encourages companies to follow guidance provided by her office to protect consumers’ personal data.
“New Yorkers pay hundreds of dollars in car insurance each month. When they go searching for a cheaper option, they should not have to worry that their private information could be stolen,” said Attorney General James. “These eight car insurance companies had poor cybersecurity that allowed hackers to easily steal New Yorkers’ personal information and use some of the information for fraud. I thank the Department of Financial Services and the Department of Labor for their partnership and continued work to hold companies accountable when they fail to protect consumers.”
These companiesallowed people to obtain a car insurance price quote using an online tool. Some of the companies also provided password protected tools to insurance agents to generate quotes for customers.
The OAG’s investigation found that data thieves were able to exploit a “pre-fill” function in the companies’ online quoting tools. After limited private information about an individual was entered through an online quoting tool, the company would “pre-fill” the form with private information purchased from data brokers. The purpose of “pre-fill” was to insert information the user might not have on hand and make filling out the form easier. For example, by entering limited information into the tool, such as a person’s full name and date of birth, the other fields on the tool were pre-populated, such as an individual’s driver’s license numbers and similar information about other drivers in their household. The OAG found that the car insurance companies did not take reasonable steps to protect pre-fill private information. The attacks on these eight companies exposed the private information of over 825,000 New Yorkers. Some of the exposed data was later used to file unemployment claims during the COVID-19 pandemic.
The OAG’s investigation revealed that several companies suffered more than one attack, did not have common security tools in place to prevent and detect attacks, and/or did not use multifactor authentication to protect agent account credentials. Key findings from the investigations include:
Farmers Insurance experienced three different attacks, exposing the private information of approximately 45,000 New Yorkers. After the first attack, Farmers did not identify similar vulnerabilities in additional tools that were also exploited.
American Family Mutual Insurance Company / Midvale Indemnity Company each exposed the private information of approximately 100,000 New Yorkers. The companies mistakenly exposed the majority of these records after a transition between two security systems. The companies did not create a comprehensive protected data inventory before that transition and did not reasonably test the attacked tools after that transition.
State Auto Mutual Insurance Company exposed the private information of over 100,000 New Yorkers. State Auto’s quote tools were not protected by common security tools that monitor and detect suspicious patterns, such as excessive requests from the same user or multiple requests by the same user from different IP addresses.
Metromile exposed the private information of approximately 90,000 New Yorkers in a single attack that was not detected for two months. Metromile did not use common security tools to prevent and detect attacks.
Liberty Mutual Insurance experienced attacks on three different consumer quote tools, exposing the data of approximately 50,000 New Yorkers. The attacked tools had not been subject to a privacy assessment and they were not protected by common security tools.
The Hartford Insurance Group experienced two attacks that impacted approximately 30,000 New York consumers. While The Hartford maintained information security policies to protect consumer data, these policies were not implemented effectively.
The Hagerty Insurance Agency experienced two attacks that exposed the private information of approximately 66,000 New Yorkers. While Hagerty detected unusual activity on its consumer quote tool website, Hagerty did not immediately identify it as an attack on exposed private information.
The Infinity Insurance Company experienced three attacks. Data thieves accessed approximately 65,000 New Yorkers’ private information through a consumer quote tool and the information of approximately 180,000 New Yorkers through two password protected agent quoting tools. Infinity did not use multifactor authentication to protect its agent tool credentials at the time of the attacks.
Today’s settlements require these companies to significantly enhance their data security and pay penalties, in the following amounts:
American Family Mutual Insurance Company/Midvale Indemnity Company will pay $2.8 million;
Farmers Insurance will pay $1.3 million;
Hagerty Insurance Agency will pay $1.3 million;
Infinity Insurance Company will pay $2 million;
The Hartford Insurance Group will pay $815,000;
Liberty Mutual Insurance will pay $2 million;
Metromile will pay $2 million; and
State Auto Insurance will pay $2 million.
In addition to the penalties, the companies are required to adopt a series of measures to strengthen their cybersecurity practices, including:
Maintaining a comprehensive information security program designed to protect the security, confidentiality, and integrity of private information;
Developing and maintaining a data inventory of private information and ensuring the information is protected;
Maintaining reasonable authentication procedures for access to private information;
Maintaining a logging and monitoring system as well as reasonable policies and procedures designed to properly configure systems to alert on suspicious activity; and
This matter was led by Assistant Attorneys General Gena Feist and Laura Mumm, and former Assistant Attorneys General Hanna Baek and Ezra Sternstein, Data Security Analyst Nishaant Goswamy, and former Internet and Technology Analyst Joe Graham, under the supervision of Deputy Bureau Chief Clark Russell and Bureau Chief Kim Berger of the Bureau of Internet and Technology. Data analysis was provided by Data Analyst Casey Marescot and Data Scientist Blythe Davis, under the supervision of Deputy Director Gautam Sisodia, Director Victoria Khan, former Deputy Director Megan Thorsfeldt, and former Director Jonathan Werberg of the Research and Analytics Department. The Bureau of Internet and Technology is a part of the Division for Economic Justice, which is led by Chief Deputy Attorney General Chris D’Angelo and overseen by First Deputy Attorney General Jennifer Levy.
Mayor Eric Adams on Oct. 14 signed Executive Order 57 creating the New York City Office of Digital Assets and Blockchain, the first municipal office of its kind in the U.S., and appointed policy veteran Moises Rendon as executive director. The office will promote responsible use of crypto and blockchain, coordinate with the city’s Office of Technology and Innovation and other agencies, and engage state and federal partners. Early priorities include assembling an industry advisory commission, attracting talent and investment, expanding access for unbanked residents, and bolstering public education on risks such as scams—all aimed at reinforcing New York’s position as a global finance-and-tech hub.
Mayor Adams Takes Action to Position New York City as Global Capital of Digital Assets
– New York City Mayor Eric Adams today signed Executive Order 57 and established the New York City Office of Digital Assets and Blockchain. The first-ever mayoral office of its kind in the nation positions New York as the global capital of digital assets, including cryptocurrency and blockchain technologies. The office will promote the responsible use of digital assets and blockchain technologies, grow economic opportunities for New Yorkers, attract world-class talent, and reinforce the city’s standing as the world’s hub for financial and technological innovation. Mayor Adams also today appointed Moises Rendon to lead the office as executive director. As its first action, Executive Director Rendon will form a commission of leaders in the digital assets space to advise on the office’s work.
“From day one, our administration has kept New York City ahead of the curve because when we embrace technology, we deliver a safer, more affordable city,” said Mayor Adams. “In 2022, I became the first American mayor to convert my first three paychecks into crypto and this past May, our administration hosted the first-ever crypto summit at Gracie Mansion. Today, with the nation’s first mayoral agency focused solely on digital assets and blockchain technology, we continue to signal the opportunities this new form of technology can bring to New York City. Our city has always been the center of innovation, and we’re embracing the technologies of tomorrow today. The age of digital assets is here, and with it comes the chance to grow our economy, attract world-class talent, expand opportunities for underbanked communities, and make government more user-friendly. I’m looking forward to working closer with Moises Rendon as we help make New York City the tech capital of the world.”
“New York City has remained the global center of innovation for decades due to our willingness to embrace new, emerging technologies,” said First Deputy Mayor Randy Mastro. “With the launch of the New York City Office of Digital Assets and Blockchain, New York City is reaffirming its role as a leader in the financial and technology sectors to ensure that working-class New Yorkers are first in line for game-changing economic opportunities of the future and efficient delivery of government services. And Moises Rendon is uniquely qualified to guide New York City through this new frontier of technology, which will, once again, result in New York City growing its economy, delivering real economic benefits to underserved communities, and attracting the world-class talent that makes us the envy of the world.”
“New York City’s future as a global finance center and municipal governance leader depends on our ability to capitalize on the enormous opportunities presented by emerging technologies such as digital assets and blockchain,” said New York City Chief Technology Officer Matt Fraser. “Today’s announcement affirms our place at the forefront of this technological revolution and showcases the mayor’s bold, forward-looking vision to make New York City the crypto capital of the globe. This office ensures that we’re partnering with the brightest minds across the fintech sphere and empowering city agencies to harness the transformative potential of digital assets and blockchain for the benefit of 8.5 million New Yorkers.”
“Mayor Adams’ creation of this new office proves that the future is now for digital assets and blockchain in New York City,” said Mayor’s Office of Digital Assets and Blockchain Executive Director Moises Rendon. “I am honored to lead the nation’s first municipal office dedicated to successfully and responsibly deploying these technologies. I look forward to collaborating with CTO Fraser, city agency partners, and private-industry leaders to develop policies and programs that make our government more accessible, transparent, and innovative for New Yorkers in the years ahead.”
The Office of Digital Assets and Blockchain will promote long-term economic growth, ensuring that digital assets strengthen the city’s economy, including by:
Fostering innovation and development while guiding the responsible development of cryptocurrency and blockchain ecosystems in New York City.
Coordinating efforts between the digital asset industry and government, serving as a bridge to encourage responsible innovation and alignment across stakeholders.
Working in close collaboration with the New York City Office of Technology and Innovation (OTI) while also coordinating citywide efforts across agencies, ensuring alignment of policies, services, and digital asset initiatives.
Engaging with state and federal partners to promote policies that make New York City more welcoming to blockchain and crypto initiatives that add value and comply with laws and regulations.
Promoting inclusion and access, particularly for unbanked and underbanked communities, by supporting safer ways to save money, access resources, and build resilience against inflation.
Educating and protecting the public through initiatives that help New Yorkers understand the risks of digital assets, including campaigns to raise awareness of scams, fraud, and consumer protections.
Attracting world-class talent and investment, ensuring New York remains globally competitive in financial innovation and technological development.
Supporting nonpartisan, policy-driven legislation, ensuring the office remains focused on sound policy and the delivery of tangible benefits to New Yorkers across all communities.
Through these efforts, the Office of Digital Assets and Blockchain will help secure New York City’s leadership in the digital economy, expand opportunities for its residents, and build a foundation of responsible innovation, trust, inclusion, and growth. The office will allow New York City to demonstrate its leadership in embracing innovation while safeguarding the interests of its residents.
About Moises Rendon
Moises Rendon is a digital assets and blockchain policy expert with extensive experience advising federal, local, and international stakeholders. He currently serves as policy advisor for digital assets and blockchain at OTI, where he leads citywide research and strategic initiatives to explore blockchain’s potential for improving government operations.
Previously, Rendon served as a director for the Washington, D.C. office of the Americas Society/Council of the Americas and was a policy consultant for the U.S. Department of State, United States Agency for International Development, and private-sector clients on fintech and economic trends. Rendon holds a Master of Laws degree in International Business and Economic Law from Georgetown University Law Center and a Bachelor of Laws degree from Andrés Bello Catholic University in Venezuela.
Executive Director Rendon will report directly to Chief Technology Officer Matt Fraser.
