JPMorgan Chase to push for policy changes

What they're saying: "Even after you account for stimulus payments, unemployment insurance, renters experienced a greater than 10% drop in income, suggesting that they are really struggling," Heather Higginbottom, president of JPMorgan Chase PolicyCenter, said on Axios' Re:Cap podcast.

• "We're trying to use our data and analysis to inform some of those conversations," Higginbottom added.

What they're proposing:

• Raising the federal minimum wage, though they don't say by how much.
• Adding wage benefits for working parents — particularly women of color disproportionately impacted by the pandemic.
• Switching off expanded unemployment benefits only when certain economic conditions improve and state unemployment rates fall to a certain level.