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EO 14349Executive OrderTrump 47 · R

Executive Order 14349

Establishing an Emergency Board To Investigate Disputes Between the Long Island Rail Road Company and Certain of Its Employees Represented by Certain Labor Organizations

This Executive Order establishes a three-member emergency board under the Railway Labor Act to investigate unresolved labor disputes between the Long Island Rail Road Company and five unions. The board must report within 30 days, and during its 120-day existence neither party may change the disputed working conditions without mutual agreement.

Federal Register Open PDF 90 FR 45901

Impact dates

  1. 120-day status quo period expires

  2. Board report due to President

  3. Emergency Board effective date

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Other industrial

Mechanisms

Licensing

Role pressure

  • MixedDomestic producer — LIRR operations frozen in current state; labor costs locked but service disruption risk deferred

Geographies

US

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MCATCaterpillarFCXFreeport-McMoRanGEVGE VernovaHONHoneywellSPYSPDR S&P 500 ETF

Confidence: medium · Policy alerts

Key directives

  • Establish Emergency Board with chair and two members by September 18, 2025
  • Board to investigate and report on disputes within 30 days of creation
  • Maintain existing conditions for 120 days from Board creation
  • Transfer Board records to National Mediation Board upon termination
  • Department of Transportation to bear publication costs

Who is ordered

Timeline

Immediate

  • Emergency Board established effective 12:01 a.m. EDT September 18, 2025
  • 120-day status quo period begins preventing strikes or lockouts

Near term (90d)

  • Board must submit report to President within 30 days of creation (by October 18, 2025)
  • Status quo period continues through mid-January 2026

Long term

  • Board terminates upon report submission
  • Parties may resume self-help after 120-day period expires (January 16, 2026) if no agreement reached

Risks & tensions

  • Potential for rail service disruption after 120-day cooling-off period if parties remain deadlocked
  • Board effectiveness depends on presidential appointment speed and member availability
  • Status quo freeze may create operational inflexibility for LIRR during peak demand periods
Executive Order 14349: Establishing an Emergency Board To Investigate Disputes Between the Long Island Rail Road Company and Certain of Its Employees Represented by Certain Labor Organizations · Executive Orders