Amtrak CEO Resigns as Privatization Debate Intensifies

Stephen Gardner steps down, citing the need to maintain the Trump administration's confidence, while Elon Musk advocates for privatizing the passenger railroad.

Stephen Gardner announced his immediate resignation as Amtrak CEO, ending over four years in the role and 16 years with the company.
Gardner stated his decision was motivated by the need to ensure continued support from the Trump administration for Amtrak.
Elon Musk has called for privatizing Amtrak, aligning with his broader push to privatize government services, including the Post Office.
Amtrak has opposed privatization, citing Great Britain’s failed rail privatization efforts and emphasizing record ridership and revenue in 2024.
The Trump administration has historically sought to reduce federal funding for Amtrak, contrasting with significant rail investments under the Biden administration.