The federal minimum wage has been $7.25 per hour since 2009, which works out to just about $15,000 per year at 40-hour weeks, without any vacation days. Congress is now debating an increase to $15 per hour as part of the next round of economic stimulus, but there is plenty of opposition.
Axios Re:Cap digs into the economics and politics of the federal minimum wage, on which it seems everyone has an opinion.
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President Trump is banned from posting on his Facebook and Instagram accounts for at least the next two weeks until the transition of power to President-elect Joe Biden is complete, Facebook CEO Mark Zuckerberg wrote in a post Thursday.
Why it matters: It's an extraordinary step for Facebook to take, given that the company has been one of the slowest to take action against the President's account and has historically prioritized free speech, especially for world leaders.
America has become a two-vaccine nation, but plenty of other companies are continuing to work on new vaccines that could increase supply and accelerate the country's goal of herd immunity.
Axios Re:Cap digs into the vaccine pipeline with Derek Lowe, a medicinal chemist and biotech blogger.
President Biden's inner circle has spent a ton of time thinking about how to sell his $1.9 trillion American Rescue Plan around the country — long after he signs it into law this week.
Why it matters: Total opposition from elected Republicans in Washington renders public popularity and bipartisanship across the U.S. vital to maintaining support for the president's agenda.
