Trump gets involved in US railway regulation! Announces dismissal of STB members, $75 billion railway mergers expected to accelerate rapidly.

According to the Wisdom Financial News App, after announcing the dismissal of Federal Reserve Board member Powell, U.S. President Donald Trump has now turned his attention to the U.S. transportation sector. He has dismissed a Democratic member of the Surface Transportation Board (STB). This U.S. federal regulatory agency is responsible for evaluating the plan for Union Pacific (UNP.US) to acquire its largest competitor in the railway transportation network, Norfolk Southern (NSC.US), for up to $75 billion.