President Barack Obama supports an effort by congressional Democrats to raise the federal minimum wage to about $10 an hour, higher than the rate he called for earlier this year, according to a White House official.
BP Plc would be barred from new U.S. offshore oil and gas leases for as long as seven years under legislation being drafted by Representative George Miller , who cited the company’s safety and environmental violations.
Democratic lawmakers including Senator Elizabeth Warren today demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their products.
The U.S. Congress gave final approval yesterday to a bill that pegs interest on government-sponsored student borrowing to a market-based rate, ensuring that almost 9 million undergraduates will pay 3.86 percent on their next loan.
Gina Deluca says she was shocked when she moved to New Mexico from California and discovered that her hourly wage as a waitress fell to a federal minimum of $2.13. Her old state required at least $6.75 for all workers at the time.