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Treasury, minimum wage and President-elect Trump
Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to increasing the minimum wage.
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise
Trump's Billionaire Treasury Nominee Says Federal Minimum Wage Should Remain at $7.25 Per Hour
During his Senate confirmation hearing, Trump's Treasury nominee—billionaire Scott Bessent—clearly stated his opposition to raising the federal minimum wage.
Money Digest on MSN
20h
U.S. States That Increased The Minimum Wage In January 2025
A few states across the country raised their minimum wage in January 2025, pulling them further ahead of the federal minimum ...
1d
on MSN
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...
1d
on MSN
Minimum wage increases pose major challenge for restaurant industry in blue states
Some 65 cities across the country rolled out wage increases at the start of the month, and restaurant owners are still ...
2d
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum ...
2d
Minimum wage hike clears hurdle in House committee
Virginia’s minimum wage could rise to $15 by 2027 under a proposal that cleared the House Labor and Commerce Committee on ...
The Daily News Online
1d
Deep Dive: Minimum wages are increasing in nearly half the states this year
The minimum wage will increase in nearly half the states this year even as the federal wage floor remains stuck at $7.25 per ...
2d
Tacoma prison must pay $23M for violating minimum wage, court says
The Northwest ICE Processing Center in Tacoma, the only privately owned detention center in Washington, can hold up to 1,575 ...
FOX 2 Detroit on MSN
5d
Michigan Minimum Wage 2025: How much it will rise and tipped workers are impacted
The state's minimum wage will rise more than $2 this year. Tipped workers will also see a large increase in their wages - ...
2d
on MSN
House GOP fast-tracks Michigan minimum wage, sick leave bills to applause and anger
A Michigan House committee sent legislation to change Michigan's minimum wage and sick leave laws to the floor for a vote.
Hoodline
21h
Michigan House Committee Advances Minimum Wage and Sick Leave Bills Amid Debate
A Michigan House committee approved bills on minimum wage and sick leave, sparking debates and public testimony, with one ...
24/7 Wall St. on MSN
21h
I used to work for minimum wage and was a late starter contributing to my 401(k) but my portfolio is now at $750k – here’s my formula
Wall Street Key Points The power of compounding is lauded by many investment luminaries, but as its results are long-term, ...
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