Vivek Ramaswamy torched a reported $200 million agreement for New York City to lease the Roosevelt Hotel from the Pakistani government to house migrants.

In a move blending international finance with local policy, New York City has leased the historic Roosevelt Hotel from Pakistan International Airlines (PIA)

Owned by Pakistan International Airlines, the historic Roosevelt Hotel now houses migrants under a three-year agreement generating much-needed revenue for Pakistan amid its economic crisis. Critics, including Vivek Ramaswamy,

Vivek Ramaswamy criticized reports that New York City is paying $220 million to rent the Roosevelt Hotel, owned by the Pakistani government, to house illegal immigrants, calling the situation “nuts.” In a social media post,

Vivek Ramaswamy, a nominee in the incoming Trump administration, has stirred controversy with his claims about New York City's $220 million lease for the Roosevelt Hotel, owned by Pakistan's PIA. He criticized the deal,