• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Infrastructure
Europe

Nancy Pelosi: ‘Americans deserve safe, efficient, and clean transportation’

By
Nancy Pelosi
Nancy Pelosi
Down Arrow Button Icon
By
Nancy Pelosi
Nancy Pelosi
Down Arrow Button Icon
June 30, 2023, 5:09 AM ET
Nancy Pelosi speaks at a groundbreaking ceremony for Caltrain's electrification project in Millbrae, California in 2017.
Nancy Pelosi speaks at a groundbreaking ceremony for Caltrain's electrification project in Millbrae, California in 2017.MediaNews Group - Bay Area News - Getty Images)

Each Fourth of July, Americans gather with family and friends to celebrate all that makes our Nation exceptional. For generations, American infrastructure has been the envy of the world–from the roads and canals of the Gallatin Plan to the Transcontinental Railroad to the Interstate Highways.

These projects have improved the quality of life for American families with unprecedented freedom of mobility–expanding economic opportunity, connecting communities across the country, and unlocking access to our great cities and natural wonders.

Today, however, this freedom has been curtailed by traffic and gridlock, flight delays and cancellations, and decades-long underinvestment in infrastructure. At the same time, other countries have been making major investments to improve their transit systems.

This Independence Day, we are reminded that we face another opportunity to preserve America’s preeminence into the 21st Century: building a nationwide, electrified network of high-speed rail.

In my home state of California, we take great pride in our ambitious status as the leading edge of high-speed rail here at home. Electrified high-speed trains will be operational in the Central Valley between 2030 and 2033, connecting cities from the southern palms to the northern pines, with the goal to be the world’s first solar-powered high-speed rail system.

Investing in high-speed rail improves our quality of life and delivers meaningful benefits for America’s families.

First, building high-speed rail creates good-paying, union-protected jobs–and drives significant economic growth. As construction progresses in the Central Valley, California High-Speed Rail has already created more than 11,000 green jobs and generated more than $12 billion in economic activity. And we aren’t done yet.

There are long-term benefits, too, that spring from the improved efficiency and productivity of America’s businesses, ensuring our Nation remains competitive worldwide.

Second, high-speed rail is critical for solving the climate crisis. Transportation is a major culprit of planet-harming pollution–and we do not have a moment to lose in the race to stave off the worst climate disasters.

By investing in zero-pollution trains that meet the needs of America’s families, we will have fewer cars on the road, fewer planes in the sky, and less pollution in our air. At the same time, we will lessen our dependence on fossil fuels–and the dictators who determine the high costs of oil.

We know the promise of high-speed rail because 26 other nations have already implemented it with remarkable success.

For nearly six decades, Japan’s electric bullet trains have connected big cities and rural communities–without a single injury or fatality and always running on time. I have traveled on–and been impressed by–high-speed rail in China, a country that has built 26,000 miles of domestic track.

From Germany to France to Italy to Spain, most of Europe is now connected by high-speed trains. Meanwhile, Morocco has built the first high-speed rail line on the African continent, connecting Casablanca and Tangiers.

Here at home, in addition to construction underway in California, planning has begun for world-class high-speed rail around America: connecting Seattle to Portland, Dallas to Houston, and Charlotte to Atlanta. By the 2028 Summer Olympics in Los Angeles, a bullet train will connect Las Vegas to Southern California. It is critical that we accelerate–and expand–high-speed rail projects so that every community can benefit from the improved quality of life brought about by the safe, efficient, and clean transportation system of the future.

Under President Biden’s leadership, Congress enacted our Bipartisan Infrastructure Law: a strong step to reimagine transit and transportation across our Nation. We must commit to marshaling resources from this law behind current and future high-speed rail projects–and sustain this commitment with future legislation.

We know that high-speed rail requires significant investment. But as we have seen, countries that have fully committed to this technology have reaped transformational benefits: quicker, easier, and safer travel, cleaner air, economic growth, and a brighter future.

On this Fourth of July, let us declare our independence from freeway gridlock, snarled airports, and choking pollution with an American high-speed rail success story.

Speaker Emerita Nancy Pelosi has represented San Francisco in Congress for more than 36 years and served as the 52nd Speaker of the U.S. House of Representatives.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

More must-read commentary published by Fortune:

  • The forced return to the office is the definition of insanity
  • Speculative headlines about artificial intelligence are missing the point. Here’s what America’s top CEOs told us they intend to use A.I. for
  • America’s education system is failing–but a growing school choice movement believes it has the solution
  • A year after Roe v. Wade was overturned, an unworkable patchwork of state laws leaves corporate America more vulnerable to government overreach
About the Author
By Nancy Pelosi
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
PoliticsRussia
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
By The Associated PressMay 23, 2026
4 minutes ago
U.S. reaches limit of sanctions power in targeting Iran’s economy
PoliticsIran
U.S. reaches limit of sanctions power in targeting Iran’s economy
By Magdalena Del Valle and BloombergMay 23, 2026
22 minutes ago
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingDonald Trump
Trump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
34 minutes ago
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
PoliticsIran
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
By Jason MaMay 23, 2026
54 minutes ago
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
PoliticsIran
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
By Munir Ahmed, Samy Magdy, Matthew Lee and The Associated PressMay 23, 2026
2 hours ago
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
EconomyDebt
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
By Jason MaMay 23, 2026
3 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Current price of oil as of May 22, 2026
Personal Finance
Current price of oil as of May 22, 2026
By Joseph HostetlerMay 22, 2026
1 day ago