The Summit That Could Reshape Your Crypto Strategy

Join 27 top crypto experts as they reveal the exact tools and frameworks they use to find winning coins. This 3-day online event is free to attend-but the takeaways could be priceless.

Amtrak CEO abruptly resigns from the nation's passenger railroad

WYATTE GRANTHAM-PHILIPS
March 20, 2025

NEW YORK (AP) -- Amtrak CEO Stephen Gardner abruptly resigned from his top post at the U.S. passenger railroad this week.

Wednesday's announcement signaled that the leadership change came down to Amtrak maintaining support from U.S. President Donald Trump. In a statement, Gardner said he was stepping down "to ensure that Amtrak continues to enjoy the full faith and confidence this administration."

A successor for Gardner was not immediately named.

Gardner's departure also arrives just weeks after billionaire Elon Musk floated the idea of privatizing Amtrak, as well as the U.S. Postal Service, at a Morgan Stanley tech conference earlier this month.

Musk, who has been at the forefront of the Trump administration's aggressive push to downsize the federal government through the Department of Government Efficiency, reportedly called Amtrak "kind of embarrassing" -- while comparing the U.S. carrier to passenger rails seen in other countries, such as bullet trains in China.

When reached for comment on Thursday, the Transportation Department did not provide further details specific to Gardner's resignation. A statement from Transportation Secretary Sean Duffy took aim at Amtrak's Washington D.C. operations -- calling on Amtrak's leadership to "clean up Union Station" and "rid of our nation's treasures of homelessness and crime."

Citing unnamed sources familiar with the matter, Reuters reported Wednesday that Gardner was asked to step down at the request of Trump, who previously sought to cut Amtrak's budget in his first term.

When reached Thursday, Amtrak declined to comment on whether Gardner was asked to resign. But in Wednesday's announcement, the Amtrak board stated that it looked forward to "working with President Trump and Secretary Duffy as we build the world-class passenger rail system this country deserves."

Gardner first got his start with Amtrak as an intern back in the 90s. He later returned and worked at the rail service for the past 16 years, holding the title of CEO since January 2022.

Amtrak struggled during the height of the COVID-19 pandemic -- with the railroad seeing plummeting ridership as people across the country stopped traveling and stayed home. But passenger numbers have recently rebounded to pre-pandemic levels.

For the 2024 fiscal year, Amtrak reported an all-time ridership record of 32.8 million customer trips. That's up 15% from 2023 -- and surpasses Amtrak's previous record of 32.4 million passengers in 2019.

Ticket revenue for the 2024 fiscal year totaled $2.5 billion, a 9% jump from 2023. And Amtrak posted an adjusted operated loss of $705.2 million, also a 9% improvement year-over-year.

Continue Reading...

Popular

Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit

Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with incomes up to $75,000 benefit most.

Mark Cuban Raises Employee Wages After Learning Of Government Aid Dependence

Mark Cuban, owner of the NBA's Dallas Mavericks, expressed his dismay upon learning that some of his employees were reliant on government aid programs.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

A judge resisted Trump’s order on gender identity. The EEOC just fired her

The federal agency charged with protecting workers’ civil rights has terminated a New York administrative judge who , including President Donald Trump’s executive order decreeing male and female as .

Cargo ship carrying new vehicles to Mexico sinks in the North Pacific weeks after catching fire

ANCHORAGE, Alaska (AP) — A cargo ship that had been delivering new vehicles to Mexico sank in the North Pacific Ocean, weeks after crew members abandoned ship when they couldn’t extinguish an onboard fire that left the carrier dead in the water.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

This week's business and finance highlights include Japan's rejection of Trump's auto tariffs, Boeing's scrutiny over a mid-air incident, Tesla's Robotaxi launch, BYD's dominance in Europe, and GM's massive vehicle recall.

The Unlikely Duo Rethinking Wearable Technology - Ad

Why did a surgeon and Snap exec team up? They saw the missing ingredient in the $84T wearables market: behavior. So they built Emteq and invented smart glasses sensors to track real-time expressions, unlocking insights into why we do things. With a $15M term sheet already secured, Emteq is what Big Tech's missing.

A hard-right lawmaker is sworn in as Greece's migration minister

ATHENS, Greece (AP) — A hard-right lawmaker was sworn in Monday as Greece’s migration minister, replacing a fellow right-wing political heavyweight who resigned following

Quantum Stocks Surge And Stumble: Here's What Happened This Week

Quantum Computing announced a $200 million private placement, Microsoft's CEO said quantum computing could take scientific advancements to the next level and more from the week.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Senate Republicans are in a sprint on Trump's big bill after a weekend of setbacks

WASHINGTON (AP) — After a weekend of setbacks, the Senate will try to sprint ahead Monday on big bill of despite a series of challenges, including the sudden announcement from that he won't run for reelection after opposing the package over its Medicaid health care cuts.

US brings charges in North Korean remote worker scheme that officials say funds weapons program

WASHINGTON (AP) — The Justice Department announced criminal charges Monday in connection with a scheme by North Korea to fund its weapons program through the salaries of remote information technology workers employed unwittingly by U.S. companies.

Is Trump Working Against America?? - Ad

As the market lost $5 trillion, Trump called it a "great time to get rich." Was it reckless--or part of a shocking master plan? Critics don't see it, but the real story behind Trump's move could change everything. A major twist is coming by July 29th -don't miss this.

Russian Spy Chief And CIA Director Ratcliffe Agree To 'Call Any Time' Amid Tensions: Report

Russian spy chief Sergei Naryshkin and the Director of the Central Intelligence Agency (CIA), John Ratcliffe, have reportedly agreed to have direct communication at any time.

China's humanoid robots generate more soccer excitement than their human counterparts

BEIJING (AP) — While China's men's soccer team hasn't generated much excitement in recent years, humanoid robot teams have won over fans in Beijing based more on the AI technology involved than any athletic prowess shown.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

South Africa's president visits flood sites with death toll at 78 and expected to climb

CAPE TOWN, South Africa (AP) — South Africa's leader visited the region where devastating floods have left in the southeast of the country as search and rescue operations continued Friday for a fourth day and authorities said they expected the death toll to rise.

GSK Rebranded Flovent Asthma Inhaler For Children To Avoid $367 Million Medicaid Rebate, Senator Hassan Accuses

Senator Maggie Hassan is investigating GSK's discontinuation of Flovent HFA, citing increased hospitalizations, higher drug costs, and lost Medicaid rebates.

The Missing Ingredient for Big Tech's $3T Recipe? - Ad

Big Tech doesn't build everything; they buy what's next. And only Emteq's tech offers real behavior insights for smart glasses, key to unlocking the $3T XR market. Their patented sensors track live facial muscle movements. With health-focused smart glasses in demand, only Emteq has this tech.

Occidental Petroleum, Exxon Mobil, Chevron Surge In Monday Pre-Market: What's Going On?

Occidental Petroleum Corp (NYSE: OXY), Exxon Mobil Corp (NYSE: XOM) and Chevron Corp (NYSE: CVX) climbed 1.95%, 1.53% and 1.31% during Monday pre-market trading session after oil prices have skyrocketed to their highest point since January, sparking concerns about potential supply disruptions.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Mystery Seller Behind $105 Million Plot Next to Jeff Bezos Estate Finally Revealed

A plot of land neighboring Jeff Bezos' property in Miami was sold for a staggering $105 million. The undeveloped lot was sold by German investor Mikhail Peleg.

Vistra's Rally Explained: Where Is The Stock Headed Next

Vistra stock's bullish structure remains intact. Here's a breakdown of what triggered the move and where VST is likely headed next.

The Summit That Could Reshape Your Crypto Strategy - Ad

Join 27 top crypto experts as they reveal the exact tools and frameworks they use to find winning coins. This 3-day online event is free to attend-but the takeaways could be priceless.

Nations are meeting to drum up trillions to combat poverty — but the US isn't going

UNITED NATIONS (AP) — Many of the world’s nations are gathering starting Monday in Spain for a high-level conference to tackle the and try to drum up trillions of dollars needed to close it. The United States, previously a major contributor, pulled its participation, so finding funding will be tough.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age

Standard Chartered CEO Bill Winters says his MBA was a waste of time, and today's leaders need curiosity and empathy, not just technical skills.

The Unlikely Duo Rethinking Wearable Technology - Ad

Why did a surgeon and Snap exec team up? They saw the missing ingredient in the $84T wearables market: behavior. So they built Emteq and invented smart glasses sensors to track real-time expressions, unlocking insights into why we do things. With a $15M term sheet already secured, Emteq is what Big Tech's missing.

College graduates face toughest job market in more than a decade as hiring slows

WASHINGTON (AP) — While completing a master’s degree in data analysis, Palwasha Zahid moved from Dallas to a town near . The location made it easy to visit the campuses of tech stalwarts such as Google, Apple, and .

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service