Video: Trump Wants Only Projects Ready to Go Immediately

March 14, 2017

Richard LeFrak, longtime friend of the president and fellow developer, told CNBC's "Squawk Box" that during a meeting last week with the new council created to oversee the proposed $1 trillion infrastructure spending, Trump said he isn't going to devote resources to things he can't implement immediately.

"One thing [Trump] said while we were in the meeting, he said 'don't bring me any projects that you want federal funding for that you can't start and had completed the state approval processes,'" LeFrak said.

Watch the CNBC video here: