California drops lawsuit to reinstate federal bullet train funding as high-speed rail authority seeks private investors

California this week dropped a lawsuit officials filed against the Trump administration over the federal government’s withdrawing of $4 billion for the state’s long-delayed high-speed rail project.

The U.S. Transportation Department slashed funds for the bullet train aimed at connecting San Francisco to Los Angeles in July. The Trump administration has said the California High-Speed Rail Authority had “ no viable plan ” to complete a large segment of the project in the farm-rich Central Valley.