House Democrats prepare to push for $15 federal minimum wage, setting up clash with big business [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Erik Mcgregor | LightRocket | Getty Images Protesters for a higher minimum wage in New York City. In winning control of the House, Democrats earned a chance to put their economic priorities front and center. They will soon push for a higher federal minimum wage — setting up a fight between labor rights advocates who say bosses have shortchanged workers and opponents who argue the policy will hamstring small businesses. The campaign for a $15 per hour minimum wage has gained traction around the country. Three states have passed laws to gradually raise their wage floors to that level, more than double the federal $7.25 per hour. Major cities including San Francisco and Seattle have also hiked base pay to $15 per hour. When Democrats take a House majority next month for the first time since 2011, the power shift will give the campaign for a federal minimum wage hike its most credibility in years. Adjusted for inflation, the spending power of
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CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website