Cuomo Throws Cold Water On Local Minimum Wage Hikes

Law360, New York (February 25, 2014, 2:19 PM EST) -- New York Gov. Andrew Cuomo on Tuesday dealt a blow to a centerpiece of his fellow Democrats' renewed push for higher wages, rejecting the idea that localities like New York City should be able to raise wages independently as one that could pit cities against one another.

Cuomo said he didn't support that part of a legislative package put forward by Democratic Conference Leader Andrea Stewart-Cousins, D-Yonkers, earlier this month — a plan that has the backing of New York City Mayor Bill de Blasio....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.