MTA Chairman: CARES Act funding will run out soon, national response is needed

The Metropolitan Transit Authority has faced grave financial impact due to the Covid-19 pandemic, estimating $5.1 billion in lost fare and toll revenues for 2020. It projects ridership will return to pre-pandemic levels by the middle of 2024. MTA Chairman Patrick Foye joins "Squawk on the Street" to discuss.
08:51
Thu, Jul 23 202011:05 AM EDT