
DeFazio on PSR: ‘Wall Street’s goal is to get wealthier — no matter the impact’
U.S. Rep. Peter DeFazio of Oregon, chairman of the House Transportation and Infrastructure Committee, responded to a recent Fortune Magazine column by a pair of economists who defended the rail industry’s Precision Scheduled Railroading (PSR) scheme and accused unions of hampering productivity. DeFazio, along with New Jersey Rep. Donald Payne Jr., who is chairman of […]