More Funds Required<\/p>\n
When asked for an exact dollar amount, Anthony Williams, who serves as a board member on the California High Speed Rail Project, said that the project would need over $126 billion in additional funding.<\/p>\n
Omishakin also shared that while the initial phase of the project wouldn\u2019t require help from President Donald Trump, but acknowledged that the \u201cultimate 494 miles of building this [the project] out without the federal government\u2019s help will be challenging.\u201d<\/p>\n
Elon Musk Weighs In<\/p>\n
Musk shared his take in a post on the social media platform X on Sunday. \u201cIt’s all going to fraud and bureaucracy,\u201d the SpaceX CEO shared, without providing any additional details.<\/p>\n
JD Vance Is Trump\u2019s \u2018Fraud Czar\u2019<\/p>\n
Meanwhile, Trump appointed Vice President J.D. Vance as the administration\u2019s official “Fraud Czar” to head a federal anti-fraud initiative<\/a> targeting Democrat-led states like California, Illinois, Minnesota and more.<\/p>\n Check out more of Benzinga\u2019s Future Of Mobility coverage by following this link.<\/a><\/p>\n Photo courtesy: Frederic Legrand \u2013 COMEO from Shutterstock<\/p>\n