Banking on High-Speed Rail

New Trade Group Hopes to Capitalize on Stimulus Funds

• By Geof Koss
• CongressNow Staff
• Sept. 9, 2009, Midnight

If you fund it, they will come.
It’s a maxim that has proved to be true time and time again in Washington, and sure enough, just months after the Obama administration announced billions of federal dollars for a U.S. high-speed rail system, a new trade association has emerged to help firms get their foot in the door of a potentially lucrative new market.