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Chris Deluzio: “They've invested lots in dividends and stock buybacks at the…”

Featuring: Chris Deluzio, Democratic | U.S. House, Pennsylvania, District 17

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On the Move with Rep. Chris Deluzio

Published | Video Starts at 03:27

Given where industry is. They don't want to see their profits come down to protect communities like mine. And the reality is they've made plenty of money. They've invested lots in dividends and stock buybacks at the expense of investing in safety and operations and their workers. And the workers in this industry, like so many others have been telling us for a long time, things aren't safe. We have less time to inspect cars. (03:27–03:36)

CLAIM

Asserts that rail companies prioritize dividends and stock buybacks over safety and operations.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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