OPPONENT OF HIGHER MIN WAGE TO HEAD LABOR DEPT
Fast Food Executive, Andy Puzder, a strong opponent of higher minimum wage and government regulation of the workplace, has been picked by President-elect, Donald Trump to head the U.S. Dept. of Labor. Puzder, chief executive of CKE Restaurants Inc [APOLOT.UL], which operates the Carl's Jr. and Hardee's fast-food chains, has frequently argued in the media that higher minimum wages would hurt workers by forcing restaurants to close.He has bashed a new Labor Department rule aimed at extending overtime pay to more than 4 million U.S. workers and has praised the benefits of automation in the fast-food industry.Fast-food workers, who are largely not unionized, are engaged in a multi-year campaign known as the "Fight for $15," which is supported by labor unions, to raise minimum wages to $15 per hour. They have had state-wide successes in New York and California and in cities and municipalities such as Seattle.Trump, in a statement released by his transition team, praised Puzder for a "record fighting for workers" and said he would ensure occupational safety standards."He will save small businesses from the crushing burdens of unnecessary regulations that are stunting job growth and suppressing wages,” Trump said.