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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.
Hosted on MSN
1h
Katsina State tertiary institutions staff unions decry delay in implementing new minimum wage
The Joint Consultative Forum (JCF) of Katsina State Government-owned Tertiary Institutions has expressed dissatisfaction over ...
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 ...
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 ...
Livingston County News
5h
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 hour.
1d
Bills advance to adjust minimum wage, sick leave, advocates concerned
Two bills, which would adjust minimum wage and paid sick leave legislation set to take effect in February, have successfully ...
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 ...
Hosted on MSN
1d
What should you know about the increase in the minimum wage in 2025 in Florida?
Florida is set to implement a significant wage increase by 2025, aiming to enhance the economic well-being of its workers.
Hoodline
1d
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 ...
Courthouse News Service
2d
Ninth Circuit upholds minimum wage requirement for detained immigrant workers
A majority of the Ninth Circuit panel decried the private jail's attempt to argue federal law prohibits it from paying its ...
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.
24/7 Wall St. on MSN
1d
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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