President Biden faces deadline in U.S. railroad labor standoff
U.S. President-elect Joe Biden speaks about the U.S. economy as Vice President-elect Kamala Harris stands by following their briefing with economic advisers in Wilmington, Delaware, U.S., November 16, 2020. REUTERS/Kevin Lamarque/File Photo
Register now for FREE unlimited access to Reuters.com
Register
LOS ANGELES, July 12 (Reuters) – U.S. President Joe Biden faces a deadline next week to intervene in nationwide U.S. railroad labor talks covering 115,000 workers, or open the door to a potential strike or lockout that could threaten an already fragile economy and choke supplies of food and fuel.
The stakes are high for Biden, who wants to tackle inflation-stoking supply-chain woes and is already working to reach a deal in the critical labor talks at West Coast seaports.
If the president declines to intercede in the railroad labor negotiations by appointing a Presidential Emergency Board (PEB) before 12:01 a.m. EDT on Monday, the railroads…
