The Trump administration is demanding federal funds back from California's high-speed rail project, and two GOP lawmakers from California have proposed redirecting the money.A bill introduced by House Minority Leader Kevin McCarthy would "repurpose" about $3.5 billion worth of federal funds for the rail system to water infrastructure projects.A second piece of legislation, by Rep.…
Posts published in March 2019
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The CEOs of two major railroad companies say they aren't necessarily worried about the U.S. economy.Union Pacific CEO Lance Fritz and CSX CEO Jim Foote say they think things still look pretty good, despite some concerns on the part of consumers or customers.Their comments come on the heels of a drop in what many view…