Women determined the Democratic Party’s future

Emma HinchliffeBy Emma HinchliffeMost Powerful Women Editor
Emma HinchliffeMost Powerful Women Editor

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

By Nina AjemianNewsletter Curation Fellow
Nina AjemianNewsletter Curation Fellow

    Nina Ajemian is the newsletter curation fellow at Fortune and works on the Term Sheet and MPW Daily newsletters.

    Vice President Kamala Harris was endorsed by President Joe Biden for the Democratic nomination after he announced his exit from the 2024 presidential race.
    Vice President Kamala Harris was endorsed by President Joe Biden for the Democratic nomination after he announced his exit from the 2024 presidential race.
    Chris duMond/Getty Images

    Good morning, Broadsheet readers! Fenty Beauty partners with the Olympics, young high-profile donors back abortion, and Kamala Harris was ready when Democrats needed her. Have a monumental Monday!

    – Making history. At last week’s Republican National Convention, Donald Trump and J.D. Vance pitched their vision of America to a core GOP voting bloc: men. As running mates, the pair doubled down on Trump’s appeal to the demographic that he won by 11 points in 2016, before losing that advantage in 2020.

    Compare that to the past week for the Democrats, which made clear just how crucial female leaders are to the future of the party. President Joe Biden debated for weeks whether to drop out of the race for reelection, ultimately announcing his decision to leave the race yesterday afternoon. Before he made that choice, Rep. Nancy Pelosi (D–Calif.) reportedly argued that Biden couldn’t win in November and risked Democrats’ chances at winning the House by staying on the ticket. Long known for her effectiveness as a politician, the former House speaker seems to have wielded those skills here.

    Then, of course, there’s Biden’s anticipated successor as the Democratic nominee, Vice President Kamala Harris. Biden endorsed her after announcing his exit; Harris said in a statement that she plans to “earn and win” the nomination. (At least one potential Harris challenger, Michigan Gov. Gretchen Whitmer, will not run against the VP.)

    Vice President Kamala Harris was endorsed by President Joe Biden for the Democratic nomination after he announced his exit from the 2024 presidential race.
    Chris duMond/Getty Images

    It’s a historic moment—one that would have been hard to imagine just a few years or even months ago. When Hillary Clinton lost the 2016 presidential election to Trump, many of her supporters were devastated not just that Trump had won, but that the United States’ next realistic shot at a female president seemed so far off. Eight years later, that chance is here at least an election cycle earlier than expected. And of course, Harris is a historic nominee in many of the same ways she was as the nation’s first female vice president—the 59-year-old would be the first Black female and first South Asian female president. Clinton herself endorsed Harris in a joint statement with her husband.

    As I wrote earlier this month, it’s not a perfect way to begin the path to what could be our first female president: without a true primary process. Harris seemed to be attempting to dispel any notion of the hand-off being undemocratic with her vow to “earn and win” the nomination.

    Democrats will officially select their nominee at the Democratic National Convention in late August. That’s eons away by the standards of the recent news cycle. Yet Democrats seem to be reinvigorated by the change on the top of the ticket, with many thanking Biden for his decades of service and pouring nearly $50 million into the coffers that now belong to the newly-named Harris for President campaign.

    Emma Hinchliffe
    emma.hinchliffe@fortune.com

    The Broadsheet is Fortune’s newsletter for and about the world’s most powerful women. Today’s edition was curated by Nina Ajemian. Subscribe here.

    ALSO IN THE HEADLINES

    - Courtside seats. The WNBA All-Star Game, in which the all-star team emerged victorious against Olympic-bound Team USA 117–109 on Saturday night, was an electrifying, sold-out matchup. Moreover, it was a peek at where the league could be headed. Sports Illustrated

    - Abortion advocacy. Young donors are putting millions of dollars behind abortion rights, pushing abortion as a key issue for Democrats this election. High-profile supporters include Phoebe Gates, daughter of Bill Gates and Melinda French Gates, and model Karlie Kloss. Wall Street Journal

    - Ready for Paris. Rihanna’s Fenty Beauty is the latest brand to partner with the Paris Olympics. Fenty will give 600 award ceremony volunteers beauty kits. The female-founded scrubs brand Figs is another partner, officially outfitting Team USA’s medical staff. 

    - Leading the charge. General Jennie Carignan has become Canada’s first female chief of the defense staff. “I feel ready, poised and supported to take on this manifold challenge,” Carignan said of her appointment. Reuters

    MOVERS AND SHAKERS

    - Oracle CEO Safra Catz exited Disney’s board of directors. 

    - Cracker Barrel appointed Sarah Moore as chief marketing officer. Most recently, Moore was senior vice president of marketing at MGM Resorts International. 

    - Shannon Watkins is now CMO at Fiserv; she previously served as global CMO for the Jordan brand at Nike. 

    - Lattice hired Gianna Driver as chief people officer; she was previously CHRO at Exabeam.

    - Nextdoor cofounder Sarah Leary returned to the neighborhood-based platform as head of marketing, community, and global business operations.

    ON MY RADAR

    The ‘finance bro’ uniform is a fleece and khakis. For female execs, it’s not that simple Wall Street Journal

    Blindsided by breast cancer: When a mammogram hides a deadly truth The Cut

    Even this Tinder executive thinks it’s good to meet IRL New York Times

    PARTING WORDS

    “X is where history happens.”

    X CEO Linda Yaccarino, after President Joe Biden announced his decision to drop out of the race via the platform

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