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You Won’t Believe What This Bank CEO Earns After a 30% Pay Cut

You have to feel for David M. Solomon, chief executive of Goldman Sachs. In reviewing the numbers, the Economic Policy Institute (EPI) found that, adjusting for inflation, CEO pay increased by 1,322.2% between 1978 and 2020. Meanwhile, the average annual income across the U.S. comes in at $63,214, and 1 in 3 Americans cannot afford to cover a $400 emergency.