A New Bill Would Raise the Federal Minimum Wage To $25–Here's What To Know
A New Bill Would Raise the Federal Minimum Wage To $25–Here's What To Know https://www.investopedia.com/a-new-bill-would-raise-the-federal-minimum-wage-to-usd25-what-to-know-11959827?hid=7d53a082c3d3b43125df9a9a22721511622d4939&did=23295677-20260429&utm_campaign=investopedia-daily_newsletter&utm_source=investopedia&utm_medium=email&utm_content=042926&lctg=7d53a082c3d3b43125df9a9a22721511622d4939&lr_input=3790acc294caf184d9cd91158cb693bd3c62aa961ad91341e4cf01ce615a901e&utm_term=pre-market A New Bill Would Raise the Federal Minimum Wage To $25–Here's What To Know The legislation would mean workers for smaller employers would need to wait until 2038 for the same rise in minimum wages. Rhenizara S / Getty Images Key Takeaways A new bill proposes raising the federal minimum wage to $25 an hour by 2031 for large companies and eliminating sub-minimum wa...