WASHINGTON, DC–That was fast. In July President Donald Trump formed a Presidential Advisory Council on Infrastructure that was to be composed of private sector appointees. They were to make recommendations on a wide range of infrastructure issues and help with the details of President Trump's $1 trillion infrastructure investment plan, which is expected to feature the use of Public Private Partnerships with the private sector. That council was disbanded last week before it was even formed along with two other CEO Councils, following the controversy over the president's remarks about horrific events in Charlottesville.

Now the question is what will become of the $1 trillion infrastructure initiative, which is perhaps the only major proposal by the administration that has bipartisan approval.

Of course, the infrastructure council is not essential to the investment initiative, which the White House said earlier this year that it would be releasing the details by the end of this summer. It should also be stated that while Congress as a whole approves of the idea of infrastructure investment, the question of how to pay for it and how it will be structured has become yet another source of discord between the Republicans and Democrats.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.