THE NEW YORK TIMES: Bank of America Will Lift Minimum Wage to $20, as Lawmakers Spotlight Inequality

A day before he was to appear at a congressional hearing focused on the biggest banks in the United States, Bank of America’s chief executive, Brian Moynihan, said on Tuesday that the bank planned to raise its minimum wage to $20 an hour from $15 over the next two years.

It was another example of how big banks are trying to deal with shifting political winds in Washington, where they face new scrutiny under the Democrats, who now control the House of Representatives.

To read the full story, click here.

Ready to engage?

we'd love to chat

SEND US A MESSAGE OR SIGN UP FOR OUR NEWSLETTER

Contact Form
Your privacy is important to us. We never sell or share your information.
Sending
Find us on social media