Bank CEOs Avoid Committing to Wage Hike During Hearing

May.26 — U.S. Senator Chris Van Hollen, a Maryland Democrat, asks Morgan Stanley CEO James Gorman, Goldman Sachs CEO David Solomon, Citigroup CEO Jane Fraser and JPMorgan CEO Jamie Dimon if they plan on following Bank of America’s lead and raise the minimum wage for all of their employees to $25 an hour during a Senate Banking Committee hearing.

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