News

Executive Orders

AP News | Equities.com |

President Joe Biden is set to sign an executive order to increase the minimum wage to $15 an hour for federal contractors, providing a pay bump to hundreds of thousands of workers.

Biden administration officials said the higher wages would lead to greater worker productivity, offsetting any additional costs to taxpayers. The officials spoke on the condition of anonymity to discuss private conversations ahead of Tuesday’s signing.


AP News | Equities.com |

President Joe Biden put on a modest White House ceremony Thursday to announce a half-dozen executive actions to combat what he called an “epidemic and an international embarrassment” of gun violence in America.

But he said much more is needed. And while Biden had proposed the most ambitious gun-control agenda of any modern presidential candidate, his moves underscored his limited power to act alone on guns with difficult politics impeding legislative action on Capitol Hill.