President Trump rebuked New York City's plan to paint "Black Lives Matter" on 5th Avenue, calling it a "symbol of hate" in a Wednesday morning tweet.

New York City Mayor Bill de Blasio spoke about the planin an interview with MSNBC on Wednesday, saying he intends to have the words painted on the street where Trump Tower sits.

Trump said that would amount to "denigrating this luxury Avenue" and would "further antagonize" the police.

On MSNBC, de Blasio also announced changes to New York's police department.

"We're taking a billion dollars out of the NYPD. We're reducing the size of the NYPD, we're reducing overtime, we're moving some of the functions NYPD does now — they will be replaced by civilians handling those functions who can do them better. And we're going to take that money and put it into youth initiatives," he said.

As for painting "Black Lives Matter" on the famous street, — an action that has sprung up elsewhere amid nationwide protests, including near the White House — de Blasio said he intends to send a message to Trump.

"It's an important message to the whole nation, and obviously we want the president to hear it because he's never shown respect for those three words. When he hears 'Black Lives Matter,' he presents a horrible, negative reality of something that doesn't exist and he misses the underlying meaning that we're saying we have to honor the role of African Americans in our history and in our society," he said. "We have to make it come alive today so we're going to make it really clear to the president, it's going to be right outside his doorstep."

Late Tuesday night, Trump threatened to veto a must-pass defense bill over an amendment to rename military bases currently named after Confederate generals.

The bipartisan amendment was approved last month in the Senate Armed Services Committee and is part of the legislation which also includes a pay raise for troops and improvements to military housing.

The annual defense bill typically passes with broad bipartisan support and it's possible it could be approved later this month by the Senate with a veto-proof majority. The House version is expected to include a similar provision.

Senate Minority Leader Chuck Schumer, D-N.Y., dared Trump to make the threat hours before the president tweeted.

"I dare President Trump to veto the bill over Confederate-base naming," Schumer said at a press conference. "I think the bottom line is what's in the bill will stay in the bill."

President Trump has recently defended the existence of Confederate monuments and statues, as demonstrators across the country have taken to the streets to protest white supremacy and police brutality following the death of George Floyd, Breonna Taylor and other Black Americans at the hands of police.

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