The Wharton Future of Work Conference asks:
Will legislation raising the US federal minimum wage from $7.25 an hour become law before 1 March 2023?
The US Senate rejected a $15.00 an hour federal minimum wage proposal, but there are still pushes for a raise (The Hill, CNBC). The current federal minimum wage is $7.25 per hour (Cornell - 29 USC § 206, US Department of Labor). The effective date of a raise would be immaterial.