Monday, June 26, 2017

No 'women' in the health bill

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June 26, 2017

Good morning, Broadsheet readers! Valentina (@valzarya) here. Wonder Woman breaks records, Ivanka Trump heads to court, and the fate of the Republican health bill may be in the hands of three women. Have a great Monday.

EVERYONE'S TALKING

 Where are 'women'? The big news from the Hill last week was the reveal of the Senate version of the Republican health care bill intended to replace Obamacare. A brief but important reminder about this particular piece of legislation: It was drafted by 13 men. This Quartz analysis provides one telling example of how that type of gender imbalance plays out in the legislation itself: the document, which is 142 pages long, does not include the word "women," and mentions the words "mother" and "woman" only in relation to abortion.

The bill, which is more similar to the House version than generally anticipated, has many of its same stipulations when it comes to women's health. It would drastically reduce Medicaid funding (the majority of recipients are women), defund Planned Parenthood (the U.S.'s largest provider of family planning services), and give states discretion on whether to pay for maternity care and contraception. To get some sense of the potential implications, consider this stat: The average pregnancy costs $30,000 in health care expenses, while the average family makes $50,000 a year.

Interestingly, the fate of the bill could lie with three female Republican lawmakers, writes Fortune's Alana Abramson. Because all Senate Democrats are expected to vote against it, Senate Majority Leader Mitch McConnell can only lose a maximum of two Republican votes. Consequently, the three female Senators who have expressed reservations about policies included in the bill—West Virginia's Shelley Moore Capito, Maine's Susan Collins, and Alaska's Lisa Murkowski—could make or break the plan. None of the women have said outright that they would oppose the legislation, but have issued lukewarm statements about it.

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ALSO IN THE HEADLINES

Caldbeck calls it quits. Binary Capital's Justin Caldbeck has resigned after multiple allegations of sexual harassment came to light via a story in The Information last week. The VC firm has also delayed its plans to close on upwards of $75 million in new capital for its second fund (news that Caldbeck says is unrelated to the recent press about him). Axios

Men are from Mars? In the latest Wall Street Journal/NBC news poll, 74% of men said they think the economy has improved since the election, but just 48% of women feel the same. While there are many potential explanations, one is that men and women are absorbing economic news differently. WSJ explains: "Typically, men and women report similar views about whether the news on economic policy has been favorable or unfavorable. But since the election, men have been hearing news that they think is great, and women either haven't heard the same news, or haven't felt the same way about it." WSJ

Pretty resistant to pinkWe've written before about the fact that there is currently greater demand for "pink-collar" jobs (nursing, teaching, and administration) than blue-collar ones (mining, machine work), but that many men are resistant to the idea of doing work they feel is feminine. A new study of middle-aged white-collar professionals who have lost their jobs adds an interesting wrinkle: Men who might have been willing to consider pink-collar jobs are encountering resistance from their wives.  New York Times

I'll take what she's having. Kirsten Green, founder of Forerunner Ventures, believes that "to be a good investor you have to think differently from others." That strategy seems to be working out: She was an angel investor in Warby Parker, and invested early in Decker Brands—the company behind Ugg and Teva—as well as the recently-acquired Jet.com. Fortune

Ivanka's day in court. Ivanka Trump must give a deposition in a plagiarism lawsuit, a district judge ruled Friday. Aquazzura Italia, an Italian shoe company, sued Trump's brand and footwear licensing partner Marc Fisher in June of last year, alleging that they had copied one of Aquazzura's shoe models. The first daughter stepped away from her business in January, but was still running the company when the Italian company filed suit. Fortune

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content from Deloitte
Still too few women on boards
Women hold just 15% of corporate board seats globally, only three percent more than in 2015, according to the fifth edition of Deloitte's Women in the Boardroom: A Global Perspective study. See how countries are promoting boardroom gender diversity.
Read More Here
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IN CASE YOU MISSED IT

Capturing pride. To celebrate Pride Week and mark the second installment of "American Women," Vogue's 125th-anniversary portfolio, the magazine commissioned photographers, videographers, and writers to document the lives of queer women. The result is this beautiful story package, my personal favorite of which is the photo essay "Queer and in Love." Vogue

The woman behind the hat. Christl Mahfouz's Ace Specialties Inc. is the official merchandise distributor for the Trump Make America Great Again Committee. That means virtually every Trump hat, yard sign, button, or T-shirt in circulation has passed through her facility. She estimates that the one-millionth official MAGA hat will ship this summer. Bloomberg

 A Wonderful milestone. Wonder Woman has generated more than $620 million in global revenue since it hit theaters three weeks ago. That makes it the highest-grossing live action film ever directed by a woman. A sequel is reportedly in the works. Fortune

 Being Biros. Kenneth Feinberg's law firm is known for devising ways to compensate disaster victims—including those affected by the 9/11 terrorist attacks and last year's Pulse nightclub shooting. Yet the person actually grappling with the wrenching decisions isn't Feinberg himself; it's Camille Biros, a business manager at the firm. In the past 16 years, she has handed out $15.4 billion to thousands of victims of shootings, car crashes, pollution, sexual abuse, and terrorist attacks. New York Times

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ON MY RADAR

NASA says Gwyneth Paltrow's 'healing stickers' are a scam Fortune

Men can be so hormonal New York Times

Taylor Swift made an insane amount of money in a week Fortune

Netflix continues its cancelling spree by firing 'Girlboss'  New York Magazine

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QUOTE

If a job's not scary, it's not worth doing.
Jasmine Whitbread, chief executive at London First, shares the best career advice she's ever received.
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