Rep. Nydia Velasquez to Citigroup CEO: ‘Lower Your Salary’ or Raise Employee Salary

Rep. Nydia Velasquez (D-N.Y.) called on Citigroup CEO Michael Corbat on Wednesday to lower his multi-million salary or increase the salary of bank employees given that his pay outpaces theirs by a ratio of $486 for every $1 that his employees make. Read Full Story