Chuck Schumer actually said...

"We all know it will come here if it is there."

"I hope that you and the FOMC will look at growth in wages--it may not be the only issue, for sure, but it is a very important issue."

"I am concerned that further movement by the Fed to raise rates in the near term could snuff out the embers of real wage growth before they are even given a chance to catch fire."

"If you believe that the flattening and decline of wages is the number one problem our economy faces, that it is harder to stay in the middle class, it is harder to get to the middle class than it has ..."