Mayor Pete Buttigieg endorses a $15 minimum wage and, before he got in the presidential race, repeatedly praised both Walmart and Google for funding a lifelong learning center in South Bend, Ind.Ĭory Booker (D-NJ) has focused on Walmart’s stock buybacks with a bill that would force the company to pay a “workers dividend” to its employees commensurate with the amount allotted to stock buybacks.
#Speech timer walmart full
Alexandria Ocasio-Cortez (D-NY) tends bar during in an event to raise awareness for the One Fair Wage campaign, which calls to raise the minimum wage for tipped workers to a full minimum wage at the federal level. Nearly the entire field has come out in support of the proposal as well as other high-profile Democrats like Rep. A recent forum in Las Vegas included six leading presidential candidates in support of the idea: Julián Castro, Kamala Harris, John Hickenlooper, Amy Klobuchar, Beto O'Rourke, and Elizabeth Warren. The Sanders appearance is one prong of an effort to institute a national $15 minimum wage. “It's clear by our actions and those of other companies that the federal minimum wage is lagging behind. In a statement to Yahoo Finance before the speech, Walmart said it hopes that Sanders “will approach his visit not as a campaign stop, but as a constructive opportunity to learn about the many ways we’re working to provide increased economic opportunity, mobility and benefits to our associates - as well as our widely recognized leadership on environmental sustainability.”ĭuring its shareholder meeting Wednesday Walmart CEO Doug McMillon called on Congress to raise the federal minimum wage at the retailer’s annual shareholders meeting. This content is not available due to your privacy preferences. He urged Walmart to adopt the proposal to "strike a blow against greed and the grotesque levels of income inequality that exists in our country." The Vermont senator will presented a proposal for one of Walmart’s hourly workers to join the board of directors. Sanders may be the most vocal candidate making an issue of Walmart’s business practices (he recently introduced a bill called the “ Stop WALMART Act”), but he is far from the only presidential contender with a close eye on the largest employer in the United States. He added: “Frankly, the American people are sick and tired of subsidizing the greed of some of the largest and most profitable corporations in this country." He told shareholder and members of the board that “despite the incredible wealth of its owner, Walmart pays many of its employees starvation wages." Bernie Sanders stopped in Bentonville, Ark., Walmart’s headquarters, on Wednesday. This time around, it may be a socialist who steals the show. Walmart’s annual shareholder meeting is a multiday celebration of one of America's most well-known capitalists: Sam Walton.
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