Bloomberg Law
Jan. 31, 2022, 10:00 AM

Federal Contractors Confront Wave of Changes Under Biden Agenda

Paige Smith
Paige Smith

Companies doing business with the federal government have faced greater legal and regulatory changes than the average employer outside of health care under President Joe Biden, with more developments potentially ahead.

Quickly out of the gate, Biden ordered the U.S. Department of Labor to mandate that workers on federal contracts are paid a minimum of $15 an hour, a boost that took effect Jan. 30. The president’s order came after his administration failed to lift the federal minimum wage to $15 an hour economy-wide.

“The government does have a little more leverage with government contractors, with pushing more ...

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