In the News

The 162 Report: February 17, 2017

Posted February 17, 2017

Thanks for reading the 162 Report, a bi-monthly tip sheet from SKDKnickerbocker’s new Women’s Leadership & Advocacy Practice. Know someone who would enjoy the 162 Report? Anyone can subscribe by emailing us at info@skdknick.com.

WOMEN IN POLITICS

Women’s War on Trump
Women are leading the resistance against President Trump in the streets and on the Hill. From Republican Senators Susan Collins of Maine and Lisa Murkowski of Alaska who opposed Betsy DeVos’ nomination, to Democratic Senator Kirsten Gillibrand of New York who voted against all but one of Trump’s Cabinet choices, Trump is facing opposition from powerful women on the left and right. In fact, while women only comprise 19 percent of Congress, 33 percent of active bills directly naming “Trump” were introduced by female lawmakers.

And on the bench, four of the judges who issued six rulings halting his immigration ban are women. This is particularly noteworthy because – according to the National Women’s Law Center – only 33 percent of federal district court judges are women.

While there are also men opposing Trump’s policies – and each court ruling is rooted in law, not gender –research indicates there might be something more to the ability of powerful women to oppose Trump. Michele Swers, a professor of American government at Georgetown University in Washington, D.C., says women, including women in power, may be “particularly unimpressed” with Trump’s displays of masculine dominance that offended many while he was on the campaign trail.

Kelly Dittmar, a professor with the Center for American Women and Politics at Rutgers University in New Jersey, points out that even if these efforts are unsuccessful, these elected officials and judges “will inspire other women to step up and do the same sort of work to make positive social change.”

Read more here.

WOMEN IN ADVOCACY

Wen’s Way
Dr. Leana Wen, Baltimore’s 33-year-old-health commissioner, is taking on the city’s growing opioid crisis: the city of 600,000 has one of the highest overdose rates in the country, with 393 fatal overdoses in 2015. As commissioner, Wen has improved the way that Baltimore responds to clusters of overdose calls, and made it easier for those who have overdosed to access a lifesaving drug, Naloxone. Last spring, Wen testified before Congress and spoke on a panel with President Obama about her approach to combatting the opioid epidemic, establishing herself as one of the leading experts in her field.

Wen, the daughter of Chinese dissidents, has a remarkably impressive resume for someone so young. She graduated summa cum laude from California State University when she was only 18, and then went on to medical school, a residency, and a Rhodes Scholarship, and has worked as a professor and emergency room physician at George Washington University Hospital. On top of all this, Wen has also managed to make a name for herself as a patient advocate, writing a book “When Doctors Don’t Listen.”

Unsurprisingly, Wen’s work ethic is exemplary. Her assistant told The Atlantic for a profile piece that she works “all the hours.” She even found time to write an op-ed for The Washington Post after the death of Freddie Gray, linking the city’s high incarceration rates to the need for increased mental health care and substance abuse treatment.

Read more here.

WOMEN IN BUSINESS

Stocking Up 
Sallie Krawcheck, powerhouse Wall Street businesswoman and entrepreneur, has a message for women: own it. And she means that literally. She wants women to own stock.

When Krawcheck left her position as president of the Global Wealth & Investment Management division of Bank of America, she decided to address a glaring problem that had bothered her for years – the gender investing gap.

“Investing is sort of like an ill-fitting suit for women,” she tells Mashable’s Kerry Flynn. “Wall Street and the investing industry have not served us as well as they serve men and it costs us women hundreds of thousands of dollars.”

Krawcheck founded Ellevest, a women-focused investment platform to fix that problem – to make Wall Street work for women. She argues that engaging women in investing and the financial marketplace not only helps individual women, it lifts up the entire economy.

And, Krawcheck is working to get more women interested in the financial industry. She says that women aren’t risk averse, they just want to understand the risks. Study after study shows that women are as good, if not better, than men when it comes to investing. Krawcheck is turning the advice she got over and over again during her time on Wall Street on its head – instead of “acting more like men,” she is pushing women to own their gender identity and use it to their advantage.

Read more here.

WOMEN IN SPORTS

100 and Counting
The Huskies, the University of Connecticut’s women’s basketball team, have redefined dominance in college sports. On Monday night, in front a sold-out crowd at the Gampel Pavillion, the Huskies won their 100th consecutive game, continuing to smash records. The team hasn’t lost since November 2014, and if not for that loss, their winning streak would be 148 games.

Forwards Gabby Williams and Napheesa Collier led the charge to victory, scoring 26 and 18 points respectively. Wiliams gave credit to the iconic women of the Huskies that played before her, saying the team is “continuing what they’ve done for so many years.” Similarly, Coach Geno Auriemma proudly credited the women who came before as he discussed the streak. With an N.C.A.A. tournament on the horizon, Auriemma said: “The 100-win streak isn’t all theirs. They carried the streak across the finish line. But if they win the national championship, it’s all theirs.”

The incredible feat represents a “powerful statement” of the “collective excellence of a women’s sports team.” As the team gears up for next season, they will be adding Megan Walker, widely regarded as the nation’s number one high school recruit. Next stop: 200.

Read more here.

BONUS

Black Women Make History
This Black History Month, CNBC profiled 14 black women who have changed business and finance.

Currently, black women are the second fastest-growing group of entrepreneurs, after Latina women, and according to a 2016 report, African-American women-owned businesses employ nearly 400,000 workers and generate over $50 billion in revenue each year.

Read more about the black women changing tech, media, finance, and politics, from Beyonce Knowles to Michelle Obama, here.

WHAT ELSE WE’RE READING

  • The Washington Post introduces us to Shannon Coulter, the woman behind the boycott to pressure retailers to stop selling Trump products.
  • Eight feminist scholars and activists are organizing a women’s strike on March 8, following the stunning turnout at the Women’s Marches in January, per New York Magazine.
  • The Hill reports that women are reaching “new heights” in state legislatures, holding more seats in office than ever before.
  • Ad Week covers BBDO’s new campaign, “Put Her on the Map,” that aims to bring more attention to famous women in U.S. history by naming landmarks after them.
  • A precocious 7-year-old received a supportive letter from Google CEO, Sundar Pichai, after she applied for a job there, in Mashable