Expanding opportunity and mobility for women and workers
Welcome to the May edition of The Pointer newsletter. IW’s vocal opposition to FDIC Chairman Martin Gruenberg has been heard and the chairman is stepping down, but not soon enough. We’re promoting a novel idea: expand a successful childcare option to households taking care of aging parents. Plus, the President is lying about inflation again and again.
Check out the latest tech, labor, and economic analysis below from IWF’s Center for Economic Opportunity.
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Federal Deposit Insurance Corporation Chairman Martin Gruenberg is out amid scandals over the agency’s toxic environment. A tardy, though welcome, demand for his resignation came Monday from Senate Banking Committee Chairman Sherrod Brown (D-OH). The problem is that Gruenberg won’t leave his post until his replacement is named. This is a convenient way to protect the destructive Biden regulatory banking agenda.
‘Support All Women’ Means Including Mothers
Many critics of Butker’s speech have only grievances with the strawman argument they have created. As a Gen Z woman, I have multiple degrees, a successful entrepreneurial business, and a full-time career. Yet, my accomplishments do not diminish my desire to one day be a mother. [keep reading]
We’re both part of the so-called sandwich generation: We’re mothers raising young children, and we also have aging parents and in-laws. President Biden claims he wants to help people like us. His administration, however, has threatened to take away our main source of childcare by proposing a regulation that could double the cost of hosting an au pair, a young foreign national brought to the U.S. to work as a nanny.
If Mr. Biden wants to help families like ours balance our home and professional lives, he should expand the program to include senior care—not threaten to destroy it.
“The Biden administration’s attempts to serve its political allies is a shortsighted strategy that harms workers more than it helps labor unions.These actions have stalled economic growth and disadvantaged American workers – including the millions who choose to not unionize.”
– U.S. Senator Bill Cassidy, M.D. (R-LA), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee on his new report about the Biden Administration weaponizing the federal government to aid unions