President Joe Biden has said that the members of the United Auto Workers union who are on strike against three auto giants deserve the 40 percent pay hike that they are demanding.
He made this remark while joining the picket line in Wayne County, Michigan, on Tuesday.
Replying to a question after brief remarks to the workers who are on strike for a second week, Biden said, "Yes, I think they should be able to bargain for that."
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Political News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.