New York City's controversial congestion pricing plan is headed for a federally-set shutdown date Friday. That's when Federal Highway Administration Executive Director Gloria Shepherd said collection of tolls must cease.

The credit ratings agency Moody’s hinted at a downgrade to the Metropolitan Transportation Authority’s credit if the Trump administration is successful in killing congestion pricing. Such a move would raise the cost of borrowing for the agency and jeopardize mass transit projects by making it harder for the agency to finance them.