How the White House Blocked a Rail Strike

Major freight railroads and unions have been locked in a labor dispute for years. But last Friday, President Biden signed a bill passed by Congress forcing a deal onto both parties. We talk to WSJ’s Esther Fung about why a rail strike would have been devastating, and a railroad signalman lays out what the deal means for him. Further Reading: -A Potential Rail Strike Looms. Here’s What to Know.  -Biden Signs Legislation Preventing Railroad Strike  Learn more about your ad choices. Visit megaphone.fm/adchoices

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The most important stories about money, business and power. Hosted by Ryan Knutson and Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal. Get show merch here: https://wsjshop.com/collections/clothing