Amalgamated Bank President & CEO Commends Actions Taken by D.C. Council

WASHINGTON, D.C. – In response to actions taken today by the Council of the District of Columbia, Keith Mestrich, President & CEO of Amalgamated Bank, issued the following statement:

"We proudly stand with and salute Mayor Bowser and the City Council for the passage of these two critical initiatives. By raising the minimum wage to $15 per hour as well as passing the Renewable Portfolio Standard, Mayor Bowser and the City Council have not only given the hard working people of D.C. a chance at a better life, but they have also helped incentivize a greener and healthier tomorrow," said Amalgamated Bank CEO Keith Mestrich. "These initiatives do not solve all of our problems, but they are important steps towards helping people gain greater access to economic empowerment, increasing green jobs and making the world a better and cleaner place for everyone."