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August 11 2024 0800 Am Edt

WEB: What Women in Finance Want To See from a Potential Harris Administration

August 11, 2024 08:00 am EDT

Written by Emily Fowler for GOBankingRates

1. Kamala Harris, the Democratic presidential nominee for this year's election, has yet to unveil her first economic policy plans.

2. Women in finance are eager to see how Harris' policies will impact their financial well-being.

3. Two financial experts spoke to GOBankingRates about what they would like to see from a Harris presidency.

Kamala Harris, the Democratic presidential nominee for this year's election, has yet to unveil her first economic policy plans. However, women in finance are eager to see how Harris' policies will impact their financial well-being. GOBankingRates consulted two financial experts to learn how a Harris presidency could impact the plans of boomers eyeing a 2025 retirement.

Here are some of the things women in finance want to see from a potential Harris administration:

  • Policies that address the gender pay gap
  • Increased access to affordable childcare
  • Paid family leave
  • Tax breaks for women-owned businesses
  • Investments in education and job training for women

A recent study by the American Association of University Women found that women earn only 80% of what men earn for the same work. This pay gap is a major barrier to women's financial security. Harris has said that she is committed to addressing the gender pay gap, and women in finance are hopeful that she will follow through on this promise.

Another issue that is important to women in finance is access to affordable childcare. The cost of childcare can be a major financial burden for families, and it can make it difficult for women to work outside the home. Harris has said that she supports paid family leave and increased access to affordable childcare. These policies would help women to balance their work and family responsibilities.

Women in finance are also interested in seeing tax breaks for women-owned businesses. These businesses are a major source of job creation and economic growth. Harris has said that she supports tax breaks for small businesses, and women in finance hope that she will include women-owned businesses in this proposal.

Finally, women in finance want to see investments in education and job training for women. These investments would help women to develop the skills they need to succeed in the workforce. Harris has said that she is committed to investing in education, and women in finance hope that she will prioritize programs that benefit women.

The policies that Harris implements as president will have a major impact on the lives of women in finance. Women in finance are hopeful that Harris will follow through on her promises to address the gender pay gap, increase access to affordable childcare, and support women-owned businesses.


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