California’s high-speed rail leaders sound alarm over project’s financial future

Board members who oversee the California high-speed rail project raised concerns over the financial commitments. Rail CEO says project could take roughly 20 years to complete if private sector can be utilized. As California’s High-Speed Rail Authority awaits word from the Trump administration over its future support for the train, leaders who oversee the project sounded the alarm about its financial viability.The authority’s board of directors voted Thursday to approve contracts for the development of Central Valley station designs and to solicit and approve construction bids for the Fresno station. Ahead of the votes, board member James Ghielmetti raised concerns...