Norfolk Southern’s CEO is apologizing to Congress and pledging millions of dollars to help East Palestine, Ohio, recover from last month's fiery train derailment. Senators are investigating railway safety and the Biden administration’s response to the disaster. In remarks prepared for Thursday's hearing, CEO Alan Shaw says he is “deeply sorry” for the impact of the derailment. He says the railroad will “do the right thing” and commit $20 million to the response and voluntary safety upgrades. But a bipartisan group of senators wants to impose new regulations on railroads.
