President-elect Donald Trump’s pick for Secretary of the Treasury, billionaire Scott Bessent, is in hot water after plainly stating during his January 16 confirmation hearing that he doesn’t think the U.S. federal minimum wage should be raised.
As it stands, the federal minimum wage remains just $7.25 per hour. Some states have fought to raise local minimum wages to $15 with success in recent years, but we haven’t seen an increase at a federal level since 2009, leaving millions of Americans to fall through the cracks in states with unlivable wages. There was no better official to raise the question of upping this number during Bessent’s confirmation hearing than Senator Bernie Sanders, who has long positioned himself as a champion of the working class and was among the first to sound the alarm on the formation of an oligarchy in our current government, well before President Joe Biden echoed the sentiment in his farewell address.
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