Good morning, Broadsheet readers! Trans men shed new light on sexism, Eva Longoria invests in affordable housing, and a Bank of America exec claims her employer is a “bros club.” Have a wonderful Wednesday.
• White-collar problems. This WSJ analysis of corporate pay reveals that some of the widest gender wage gaps occur in white-collar jobs such as CEOs, doctors, and engineers—in part because these professions reward working long hours and job hopping, two behaviors that can be tricky for working moms. And as gap watchers already know, wage transparency, pay studies, and other one-off remedies won’t do much to fix the problem. What might? Cheaper childcare, more flexible workplaces, and increased parental leave (along with dads who are willing to take it). Don’t miss the WSJ‘s interactive graphic, which lets you find out the gap for your own field—though I can personally attest that it’s a less than uplifting way to start your day: The gap for reporters is 86%. WSJ
ALSO IN THE HEADLINES
• Trump-Kelly truce? It looks like Donald Trump and Megyn Kelly have made peace after a nine-month feud during which Trump called Kelly “crazy,” boycotted a debate she was moderating, and famously said she “had blood coming out of her wherever.” “I like our relationship right now,” said the GOP presumptive nominee during Kelly’s primetime special on Fox News last night. After the show, Trump tweeted: “Well, that is it. Well done Megyn—and they all lived happily ever after!” New York Times
• A trans transformation. In this fascinating story, Time‘s Charlotte Alter talks to transgender men about the way they were treated differently once the world perceived them as male. “They gained professional respect, but lost intimacy. They exuded authority, but caused fear. From courtrooms to playgrounds to prisons to train stations, at work and at home, with friends and alone, trans men reiterated how fundamentally different it is to experience the world as a man.” Time
• Tired of primaries yet? Bernie Sanders won yesterday’s Democratic primary in Oregon, while Hillary Clinton won Kentucky in a very tight race. At this point, it’s all becoming a waiting game: Pundits say Clinton’s delegate lead is nearly impossible to overcome. New York Times
• Mendoza’s a hit. I sat down with Jessica Mendoza, the first woman to become a regular member of ESPN’s Sunday Night Baseball, to talk Twitter trolls, softball vs. baseball, and what we should look forward to this season. Fortune
• Bro bank? Bank of America exec Megan Messina has sued her employer, which she describes as a “bros club,” alleging that she was paid millions of dollars less than her male peers and mistreated after she told her superiors that she witnessed illegal trading practices. WSJ
MOVERS AND SHAKERS: WiTricity has added wireless telecom vet Mary Chan to its board. Elevate Credit announced that Saundra Schrock, a managing partner at Equanimity Leadership Solutions, has joined its board.
IN CASE YOU MISSED IT
• Impact investing with Eva. Eva Longoria is partnering with Turner Impact Capital to raise a $300 million fund that will invest in affordable housing. Fortune
• Multiculti companies. This list of the “best companies for multicultural women” aims to congratulate employers who not only hire large numbers of diverse women, but also provide them with mentors and opportunities to advance. Working Mother
• Women-omics. A new report from the McKinsey Global Institute finds that the world economy would become $28 trillion richer by 2025 if women would participate in the global workforce at the same rate as men. Of course, that’s not a simple goal—nor a cheap one. Achieving that growth would require $2 trillion worth of investment in education, healthcare, and opportunities like paid family leave over the next decade. Fortune
• Wrapping it up? Diane von Furstenberg has named Jonathan Saunders as her professional “heir” and chief creative officer of DVF. Von Furstenberg will continue as chairwoman and “focus on my work with women, public speaking and philanthropy.” New York Times
Share today’s Broadsheet with a friend:
Looking for previous Broadsheets? Click here.
ON MY RADAR
Kathleen Sebelius hails SCOTUS decision as a ‘win for women’ Time
Meet the woman shaping up to be India’s next powerbroker Bloomberg
Iran cracks down on models not wearing head scarves New York Times
Interviews in civil suit over Hillary Clinton email to begin this week WSJ
Under Donald, we had more women in top positions by far than any other operator in Atlantic City.Mark A. Brown, former COO of Donald Trump's casino empire, who insists that the controversy over Trump's treatment of women is overblown.