✉news LifeTravel first seen 1 d ago, last 15 h ago, peak #26
California high-speed rail board reins in CEO after travel spending scandal
Original: High-speed rail board limits CEO contract authority after $600,000 travel scandal
The board of California's high-speed rail project has voted to limit its chief executive's contract authority following revelations of roughly $600,000 in travel spending. The move curbs the CEO's power to sign agreements without board oversight while the expense controversy is examined. Critics of the long-troubled rail program say the incident adds to concerns about financial management and accountability at the agency.
Why now: The $600,000 travel expense scandal has raised fresh accountability concerns around the high-profile rail project's leadership.
California High-Speed Rail AuthorityCalifornia
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