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We’d like to invite you to join The 19th’s Amanda Becker on Friday, May 22, at 1 p.m. ET for a live conversation with Ronna McDaniel, the chair of the Republican National Committee since 2017 and the second woman to hold that post. What questions do you have for McDaniel? Register now to submit in advance of Monday’s conversation.

We hope to see you there!
 Mary Barra, the CEO of General Motors, arrives to hear President Trump speak at the American Center for Mobility in March 2017. (AP Photo/Paul Sancya)


WHO RUNS THE WORLD? MEN

The good news: There are more women running Fortune 500 companies than ever before! The bad news: It’s still a paltry amount, and women of color are noticeably absent. 

  • There were a record 37 women CEOs on Fortune’s annual ranking of the biggest companies in America, which released Monday. The previous record, from 2019, stood at 33.
  • There are no black women or Latinas heading these companies. Only three are women of color.
Women account for 7.4 percent of the list, which doesn’t exactly seem like a battering ram to the glass ceiling. But the gains in women leadership have been significant and swift. 
  • Barring a few slight dips along the way (and a major slump in 2018, when it slipped to 24), the number of women CEOs has been creeping steadily upward — or holding steady year to year, at least — since 1998. 
  • In 2000, only two women ran Fortune 500 companies. By 2010, there were 15. 
Some of the trends reflect the general workforce: There was a good concentration of female CEOs in retail industries, but women heading tech companies on the list were an anomaly. 
  • Still, only seven women are heading one of the top 100 companies. 
  • General Motors, coming in at eighteenth, is the largest company on the list run by a woman. Mary Barra has been CEO of the company — valued at $137 billion — since 2014.
— Abby Johnston

CAPITAL LOSSES

In the first quarter of this year, women founders received 4.3 percent of venture capital deals. By comparison, women received 7.1 percent, a historic high, in the first quarter of 2019.

On average, women receive two-thirds the amount of business loans as men.

 

What we're readingWhat we're reading

Biden campaign pressed on Latina VP prospects. The veep tryouts have been crowded and very public. But Latinx advocates are pressing for two quiet contenders — New Mexico Gov. Michelle Lujan Grisham and Nevada Sen. Catherine Cortez Masto — who they say will help Biden make inroads with Latinx voters, a group that the campaign has so far struggled to reach. (Politico, May 19)

Coronavirus restrictions on mosques bring women to the fore. Muslim religious life has gone digital during the pandemic, which could represent a unique opportunity for women. “As services of all kinds have gone virtual, mosques are regularly inviting women to offer religious lectures to mixed-gender congregations. Sheltering in place, in fact, may be giving American Muslims an opportunity to reshape our community spaces.” (Religion News Service, May 18)

Nabilah Islam gave up her health insurance to run for Congress. Now what? The 30-year-old congressional candidate in Georgia’s 7th district has petitioned the Federal Election Commission to allow for campaign funds to be used to purchase health insurance. It’s all part of the Democrat’s broader message: Removing barriers to who can run for office will lead to a more diverse Congress. (Elle, May 18)

They grabbed my breasts and said, ‘You’re not a woman.’ Panama’s strict lockdown policy — women out one day, men out the next — has created a confusing and dangerous situation for Monica, a transgender woman. "I don't know what to do. When do I go out? I'm not trying to fool anyone. I just want to be able to take care of my family.” (BBC, May 18)


🎧 Listen: 'Murder on the Towpath,' a new eight-part true crime miniseries from Soledad O’Brien, digs into the murder of Mary Pinchot Meyer, an artist and a mistress of JFK. The podcast also centers around Dovey Johnson Roundtree, the black woman who represented the defendant in the case. (Luminary, May 25)

📺 Watch: Pro golfer Meghan LacLaren discusses the impacts that COVID-19 has had on women’s golf. (Sky Sports, May 19)

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