President Joe Biden - Kamala Harris Administration

Yellen says OPEC oil production cuts bad for global economy

"I think OPEC's decision is unhelpful and unwise — it’s uncertain what impact it will end up having, but certainly, it’s something that, to me, did not seem appropriate, under the circumstances we face," said Yellen in a phone interview with the Financial Times. "We’re very worried about developing countries and the problems they face."

How about Americans?
 
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Major Rail Union Rejects Biden-Backed Deal, Reigniting Strike Fears

2022-08-17T151542Z_1136126169_RC2K6T9G16MZ_RTRMADP_3_USA-RAILWAYS-LABOR-scaled-e1662738484789.jpg


One of the largest rail unions in the country rejected a Biden administration-brokered deal with railways Monday over concerns regarding working conditions, forcing both sides back to the bargaining table and raising the specter of a potentially devestating strike next month.

The vote drew record turnout, with nearly 12,000 members of the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) casting a ballot, rejecting the deal with 56% opposed, according to a BMWED press release. The Biden-sponsored deal includes a 24% raise over the next five years, $5,000 in annual bonuses and attendance policy exemptions for medical purposes, but BMWED President Tony Cardwell said that workers were still concerned about working conditions and sick leave, the Associated Press reported Monday. (RELATED: The Impending Railroad Strike Could Grind The Entire Economy To A Halt, Experts Warn)

Major Rail Union Rejects Biden-Backed Deal, Reigniting Strike Fears
 
Major Rail Union Rejects Biden-Backed Deal, Reigniting Strike Fears

2022-08-17T151542Z_1136126169_RC2K6T9G16MZ_RTRMADP_3_USA-RAILWAYS-LABOR-scaled-e1662738484789.jpg


One of the largest rail unions in the country rejected a Biden administration-brokered deal with railways Monday over concerns regarding working conditions, forcing both sides back to the bargaining table and raising the specter of a potentially devestating strike next month.

The vote drew record turnout, with nearly 12,000 members of the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) casting a ballot, rejecting the deal with 56% opposed, according to a BMWED press release. The Biden-sponsored deal includes a 24% raise over the next five years, $5,000 in annual bonuses and attendance policy exemptions for medical purposes, but BMWED President Tony Cardwell said that workers were still concerned about working conditions and sick leave, the Associated Press reported Monday. (RELATED: The Impending Railroad Strike Could Grind The Entire Economy To A Halt, Experts Warn)

Major Rail Union Rejects Biden-Backed Deal, Reigniting Strike Fears
Good!
 
Biden is done after this term if he makes it that long. Even democrats know they voted for a joke. That's what is so sad.
 
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