“It stands to reason: Higher wages means higher loyalty and morale, which means higher productivity, which means a more profitable business.”

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About Tom Perez

American politician and attorney

Thomas Edward Perez is an American politician and attorney. He served in senior roles in the Obama and Biden administrations, and from 2023 to 2025 he was senior advisor to President Joe Biden and director of the White House Office of Intergovernmental Affairs. Perez earlier served as U.S. secretary of labor from 2013 to 2017, chair of the Democratic National Committee from 2017 to 2021, and U.S. Assistant Attorney General for Civil Rights from 2009 to 2013. His public work has centered on labor, civil rights, and political leadership.

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