NYC comptroller considers local infrastructure

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US - New York City comptroller William C. Thompson, Jr. has revealed his office is exploring the use of the city's pension funds to invest in infrastructure, amid growing concerns economic development projects could be derailed by a weakening economy.

Speaking at a breakfast forum, Thompson said: "We cannot take an approach that embraces, then shies away from, important investments in our city's future." He said his office was looking at the ...

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