The Trump administration has terminated a $63.9 million grant that had been awarded to the Texas bullet train project.

In the press release, Texas Central CEO Michael Bui commented: "This high-speed train, using advanced, proven Shinkansen technology (from Japan), has the opportunity to revolutionize rail travel ...

The rail project faced opposition in the Texas House, which revealed issues with the project's funding and land acquisition.

Texas Central, the private company behind the proposed 240-mile rail line, confirmed during a House committee hearing on a new bill looking to stop public funds from being used for the project ...