On the recordMarch 7, 2022
The pendulum has swung too far. I hope we can course correct before it is too late.
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congress.govThe pendulum has swung too far. I hope we can course correct before it is too late.
DeFazio calls for a correction in the freight rail industry's direction.
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But I am proud of the work of this committee, and this Congress as a whole, these last two years--to defeat that sense of inertia and deliver for the American people.
We urge your member carriers to refrain from initiating stock buybacks when the prohibition ends on September 30, 2022.