Was really moved by this. But what does it mean for railroads?

I think the PTC implementation could be done away with. For one.

If the railroads or the STB want additional regulations, they have to do away with two other ones. A twofer if you will.

President Donald:
"This will be the largest ever cut by far in terms of regulations,” Trump said. “If you have a regulation you want, No. 1 we’re not going to approve it because it’s already been approved probably in 17 different forms. But if we do, the only way you have a chance is we have to knock out two regulations for every new regulation. So if there’s a new regulation they have to knock out two. But it goes way beyond that."

Pretty profound thoughts from POTUS. The man is genius.