Esther Fung on Potential Freight Railroad Worker Strike
Esther Fung talked about the potential freight railroad workers strike and impact on the U.S. economy.
The House debated whether to adopt a tentative reached agreement between the freight rail industry, railroad workers, and the Biden administ… read more
The House debated whether to adopt a tentative reached agreement between the freight rail industry, railroad workers, and the Biden administration. The measure, which would next go to the Senate and was expected to pass, includes a 24 percent pay increase by 2024 and $5,000 in annual bonuses. It also caps health care premiums. More than 30 railroads and 12 unions had been negotiating a new five-year contract since 2019, but they did not reach a final agreement. President Biden asked Congress to impose the deal on the industry to avert a nation-side strike. close
Esther Fung talked about the potential freight railroad workers strike and impact on the U.S. economy.
President Biden hailed a tentative agreement between unions and railway companies ahead of a strike deadline. “This is a…
President Biden made remarks after meeting with the team that negotiated a tentative deal to avert a freight rail strike…
Senator Chuck Grassley (R-IA) spoke about a tentative rail labor agreement to avert a strike. He said if the agreement d…