business
New bill could raise federal minimum wage to $25 an hour nationwide
By WJXT at KSAT 12 (ABC affiliate) — San Antonio
· June 29, 2026
· 2 min read
U.S. Sen. Chris Murphy, D-Conn., announced Thursday he will introduce the Living Wage for All Act to raise the federal minimum wage to $25 an hour.If passed, large corporate employers would be required to implement a $25 wage floor by 2032, while other businesses would have until 2039 to comply. ...
Key takeaway , announced Thursday he will introduce the Living Wage for All Act to raise the federal minimum wage to $25 an hour.
Why this matters in Terrell Hills News
For Terrell Hills residents, a potential federal minimum wage increase to $25 an hour could have significant implications for local businesses and employees. With Texas' current minimum wage at $7.25 per hour, a hike to $25 would more than triple the earnings of low-wage workers in the area. This could lead to increased consumer spending power, potentially boosting local economic activity. However, some small businesses in Terrell Hills might struggle to absorb the increased labor costs, potentially leading to higher prices or reduced hiring. As the bill moves forward, it will be important to monitor how local business owners and employees react to the proposed changes, and whether they believe the benefits of a higher minimum wage outweigh the potential drawbacks. The city's proximity to San Antonio, with its own set of economic challenges, adds another layer of complexity to the issue.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: June 29, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? U.S. Sen. Chris Murphy, D-Conn., announced Thursday he will introduce the Living Wage for All Act to raise the federal minimum wage to $25 an hour.If passed, large corporate employers would be required to implement a $25 wage floor by 2032, while other businesses would have until 2039 to comply. ...
When was this published? This article was first published on June 29, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by WJXT at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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