Trump administration pulls $4 billion from California high-speed rail project

cnbc.com/2025/07/17/duffy-trump-california-high-speed-rail-termination.html

Transportation Secretary Sean Duffy has formally terminated $4 billion in federal funding for the California High-Speed Rail Authority, weeks after putting the bullet train project on notice.
In a Wednesday termination letter to the CEO of the authority, Federal Railroad Administration…

This story appeared on cnbc.com, 2025-07-17 13:29:51.
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