White House praises Walmart for lifting salary since of the taxation check — despite the company laying off thousands of workers on the same day


steven mnuchin
Treasury Secretary Steven
Mnuchin.

David McNew/Getty
Images


  • Trump officials praised Walmart for its proclamation on
    Thursday that the sell hulk was formulation to boost wages
    and give longtime employees bonuses in partial as a outcome the new
    Republican taxation law.
  • Walmart also sealed 63 Sam’s Club stores on Thursday,
    likely heading to poignant layoffs at those stores.

Trump administration officials on Thursday praised Walmart for
augmenting salary and delivering bonuses to employees, even as the
company laid off thousands of other workers and sealed stores on
the same day.

Walmart had announced early in the day that it would
boost its smallest salary for employees to $11 an hour and
give longtime employees a $1,000 reward in partial since of the
recently upheld Republican taxation law.

White House officials fast jumped on the news from Walmart to
prominence the certain advantages of the taxation law.

“Huge news! Truly extraordinary and moving to declare the taxation cuts
lifting millions of overworked Americans up,” tweeted White
House press secretary Sarah Huckabee Sanders.

Treasury Secretary Steven Mnuchin also praised the Walmart
decision during the White House’s daily press briefing.

“I’d also like to prominence the proclamation this morning from
Walmart, we wish to appreciate them,” pronounced Mnuchin. “They will be
augmenting their smallest wages, arising bonuses, and expanding
family advantages for over a million employees. Walmart is the
latest company to make such an proclamation as a approach outcome of
the Tax Cuts act.”

While the White House praised the pierce by the company, there was
little discuss of a second proclamation from the company.

Business Insider’s Hayley Peterson reported that
Walmart is shutting 63 Sam’s Club stores, likely heading to
thousands of employee layoffs. There are about 150 employees at
any plcae that is set to be closed.

When asked about the closures, Sanders declined to criticism on the
layoffs and pronounced the White House was “excited” about the wage
increases.

The White House and Treasury Department did not immediately
respond to requests for serve comment.

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