Ralph B. Everett
President and Chief Executive Officer
Gina E. Wood
Director of Policy and Planning
Cynthia Bodrick
Executive Assistant to the President &
Assistant Secretary to the Board of Governors
Office of Finance & Administration
Office of Governance & Economic Analysis
Office of Health Policy Institute
Office of Media and Technology Institute
Office of Development and Strategic Partnerships
About 10.4 million workers may be potentially affected by the Fair Minimum Wage Act of 2007 (FMWA). Among the 7.7 million workers whose earnings may increase exclusively as a result of the proposed federal increases, about half (52.6 percent, or 4 million) are whites, about one in six (17.7 percent, or 1.4 million) are African Americans, nearly one quarter (23.9 percent, or 1.8 million) are Hispanics, 2.5 percent are Asians or Pacific Islanders, and 1.3 percent are American Indians and Alaska Natives. The other group is made up of 2.7 million workers who may first benefit from minimum wage increases in their states, and then later benefit from the FMWA as it raises the minimum wage to $6.55 by 2008 and $7.25 by 2009.Learn More