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Cuomo Promising NYC Minimum Wage Hike to $20 If Elected

  • Andrew Cuomo promised to raise New York City's minimum wage to $20 an hour starting January 1, 2027, if elected mayor.
  • This proposal builds on the 2016 law Cuomo signed as governor, which set the minimum wage to $15 and aimed to adjust wages with inflation.
  • Cuomo's proposal would affect roughly 800,000 employees and includes financial assistance for companies with 10 or fewer full-time staff to initially offset 30% of the increased labor costs.
  • Cuomo emphasized that New York City should be affordable for working families to both live comfortably and prosper, describing his plan as a bold, forward-thinking initiative aimed at supporting workers and boosting the economy.
  • The plan requires approval from Governor Hochul and state lawmakers and positions Cuomo as the Democratic front-runner amid competing plans from other candidates and endorsements from key unions.
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Newsmax broke the news in Washington, United States on Wednesday, May 28, 2025.
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