Construction industry officials hungering for details about President-elect Donald Trump’s $1-trillion infrastructure proposal have gleaned some hints about the plan from Elaine Chao, Trump’s nominee to lead the Dept. of Transportation.
Sen. John Barrasso (R-Wyo.)—the new chairman of the Environment and Public Works Committee, one of the most important congressional panels for construction—is likely to take a tough stance against environmental regulations and be an advocate for infrastructure, particularly in rural areas, observers say.
Over the past two years, construction industry executives have observed that, after the 2007-10 recession, the market’s long recovery seemed to be running out of steam.
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