New York City collected $48.6 million in revenue from the first month of its congestion pricing program that the Trump administration has moved to kill, a transit agency said.

The Trump administration said on Wednesday it was rescinding federal approval of New York City's congestion pricing program that is designed to reduce traffic and raise money to upgrade aging subway and bus systems.

Duffy did not give a time frame for trying to shut down congestion pricing, saying only that federal officials would contact the state to "discuss the orderly cessation of toll operations." MTA CEO Janno Lieber said tolling would "continue notwithstanding this baseless effort to snatch those benefits away."