WP has learned about Trump's withdrawal of state support from a construction project in California

The administration of US President Donald Trump has withdrawn about $4 billion in federal funds from the high-speed rail project, which is supposed to connect Los Angeles and San Francisco. This was reported on July 17 by The Washington Post.

It is clarified that the Governor of California, Gavin Newsom, accused Trump of "illegal withdrawal of funds," which became the last public clash between the president and the Democratic governor.

"Secretary of Transportation Sean Patrick Duffy announced the termination of funding, calling the project a "futile exercise" and stating that "federal money is not an empty check.".. Newsom defended the project and said that "California is considering all options" to resist this decision," the article says.

The article emphasizes that the president, who had previously tried to reduce state funding for the project during his first term, said that the cancellation of federal funding "freed" taxpayers from sponsoring the "catastrophically overpriced California high-speed train to nowhere."

Zabrel: Trump's oil and gas plan is failing

American companies incur losses

On July 16, Trump discussed with congressmen the dismissal of the Fed chairman. According to the channel, Trump has repeatedly raised the issue of Powell's replacement, as he kept interest rates at the same level instead of lowering them.