Last week, the U.S. Senate’s failure to pass a bill to increase the federal minimum wage promoted a considerable reaction on these pages. Late today, it voted overwhelmingly to increase the minimum wage for the first time in more than a decade. Finlay ON Governance takes no credit for the change of heart, but it is difficult for us to hide our delight. Senator Ted Kennedy called the bill “a victory for the American people.” We couldn’t agree more.