Bernie Sanders
Vermont Sen. Bernie Sanders.
  • Sen. Bernie Sanders introduced a bill on Thursday to raise the minimum wage to $17 an hour.
  • He confirmed the plans to Insider on Wednesday.
  • The federal minimum wage is $7.25, and it's remained unchanged since 2008.

Bernie Sanders introduced a bill to raise the minimum wage to $17 an hour, reigniting his long-standing battle to hike federal pay standards as income inequality and corporate profits grow.