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Retail, restaurant trade groups oppose federal minimum wage bill

Trade groups including NRF and the National Restaurant Association have voiced opposition to a bill approved by the House this week that would raise the federal minimum wage to $15 per hour. "This unprecedented proposal to increase the minimum wage by 107% is a one-size-fits all approach that would lead to unintended consequences for American workers and the businesses that employ them," NRF's David French said. CNBC (7/18)

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