Norfolk Southern CEO to testify before Senate committee next week: Source

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Norfolk Southern CEO to testify before Senate committee next week: Source
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The CEO of Norfolk Southern, the rail company responsible for the East Palestine train derailment, has agreed to appear before a Senate committee next week, according to a source familiar with the situation.

March 1, 2023, 9:35 AMPortions of a Norfolk Southern freight train that derailed in East Palestine, Ohio still on fire the following day, Feb. 4, 2023., has agreed to appear before a Senate committee next week, according to a source familiar with the situation.

Alan Shaw will appear before the Senate's Environment and Public Works Committee during a March 9 hearing. Norfolk Southern President and CEO Alan Shaw speaks to reporters, Tuesday, Feb. 21, 2023, near the site where a freight train derailed Feb. 3 in East Palestine, Ohio.Senate Majority Leader Chuck Schumer called for Shaw to appear for a hearing during floor remarks on Monday.

"The American people should hear from Norfolk Southern CEO precisely why they thought it was a good idea to spend years lobbying to loosen regulations designed to prevent accidents like this," Schumer said. "And I especially want to hear why Norfolk Southern, after seeing a record $3.3 billion in profits last year, prioritized billions in stock buybacks instead of putting that money towards safety and towards their workers.

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