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January 12, 2017

Transportation Secretary designee Chao says private investors can help boost transportation

By JOAN LOWY
Associated Press

WASHINGTON — The incoming Trump administration is looking to “unleash the potential” of private investors to boost the national transportation networks that underpin the U.S. economy, Transportation Secretary-designate Elaine Chao told lawmakers Wednesday.

Economic gains are being “jeopardized” by aging infrastructure, rising highway fatalities, growing congestion and a failure to keep pace with emerging technologies, Chao testified before the Senate Commerce, Science and Transportation Committee.


 
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