Audit of California high-speed rail finds inadequate federal oversight

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Audit of California high-speed rail finds inadequate federal oversight
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Federal regulators were not aggressive enough in reacting to the California bullet train's problems while overseeing a $2.5-billion grant to the troubled project, an audit released Friday found.

The California project received more than a third of federal spending for high-speed rail projects across the country and as it went over budget and fell behind schedule the Federal Railroad Administration missed opportunities to document and react to the growing problems, the audit found.

The audit backs up Trump administration assertions that the state did not meet the grant terms, but also faults the federal regulators for not doing its part.

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