California announces minimum wage increase as governor taunts Trump

Gavin Newsom says new pay floor of $17.40, set to become highest of any US state, will go into effect on 1 January

California governor Gavin Newsom announced that the state's minimum wage will rise to $17.40 next year, a ay floor set to become the highest of any US state.

The pay bump will go into effect starting 1 January, Newsom announced on Friday. The state's current minimum rate is $16.90. In a news release, Newsom touted the move as a salve for working families amid high living costs and took a jab at the Trump administration.