As a Sunday deadline loomed in ongoing labor discussions between rail carriers and unions, U.S. President Joe Biden on Friday signed an executive order to create a Presidential Emergency Board (PEB). The move was an essential step in keeping the collective bargaining process on track, as well as keeping the nation's railways operating.
President Joe Biden had until Sunday, July 17, to appoint a Presidential Emergency Board (PEB) to investigate and make recommendations for settlement. If the Sunday deadline wasn't met, rail labor had already voted to go on strike.
https://www.dairyherd.com/news/policy/us-rail-strike-averted-now-biden-steps-sundays-deadline