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View all search resultsFour days after the COVID-19 death toll surpassed 500,000 in the US, the sprawling measure backed by President Joe Biden and seen as a moral imperative by many now heads to the Senate for consideration next week.
The proposed increase is much larger than those in the recent past, but supporters argue it is warranted because it has been more than a decade since the wage was lifted, and the current minimum wage is too little for life in the United States.
Gary Gensler will serve as chair of the Securities and Exchange Commission (SEC) and Federal Trade Commission member Rohit Chopra will head the Consumer Financial Protection Bureau (CFPB). Progressives see the agencies as critical to advancing policy priorities on climate change and social justice.
With the Jan. 20 inauguration of Democrat Joe Biden fast approaching - and with the country hit by a surging pandemic, a flagging economy, and searing division - resignation "is the best path forward," Republican Senator Pat Toomey told CNN, adding, "That would be a very good outcome."
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