From Jan. 5, the first day of the program, to Jan. 31, tolls from the congestion pricing program generated $48.66 million, according to the MTA.

The president made his power to shut down the tolling system sound absolute. But legal experts say the law may not be in his favor.

The federal waiver granted to the state of New York by the Department of Transportation has been rescinded as of Wednesday.

The U.S. Department of Transportation said the Federal Highway Administration has "terminated approval" of New York City's congestion pricing plan.

New York Gov. Kathy Hochul says she told President Donald Trump in a private meeting at the White House that congestion pricing tolls in Manhattan are necessary and working

New York City’s new toll on motorists driving into Manhattan’s busiest areas raised $48.6 million in its first month, as President Trump is seeking to end the congestion pricing program just weeks after it began.

From Jan. 5, the first day of the program, to Jan. 31, tolls from the congestion pricing program generated $48.66 million, according to the MTA.

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As New York City barrels toward the end of two months of congestion pricing, and the president’s looming threat to close the toll program, the MTA has shared receipts of the first month of revenue. According to the transit agency,