Administration proposal would restrict insider trades, and impose a tax on stock buybacks that largely benefit the fat cats.
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $61.75 today.
The culture that led to the 2008 financial crisis continues to flourish.
The financial industry’s 2015 bonuses were double the combined earnings of all Americans who work full-time at the federal minimum wage.
Wall Street bonuses totaled $25 billion in 2015 —double the combined annual earnings of all American full-time minimum wage workers.