2018-09-05 / Features

Maloney Rings Closing Bell At NYSE In Honor Of Women’s Equality Day


Congress Member Carolyn B. Maloney and women leaders highlight the need for an Equal Rights Amendment to continue legacy of suffragettes and combat the Pink Tax and gender pay gap. 
Photos NYSE Congress Member Carolyn B. Maloney and women leaders highlight the need for an Equal Rights Amendment to continue legacy of suffragettes and combat the Pink Tax and gender pay gap. Photos NYSE On August 28, two days after the nation marked the 98th anniversary of the 19th Amendment, Congress Member Carolyn B. Maloney (NY-12) rang the Closing Bell at NYSE in honor of Women’s Equality Day and she also released a new report, “Earn Less, Pay More: The State of the Gender Pay Gap and ‘Pink Tax’ in 2018,” documenting the state of economic inequality women still face today (http://maloney.house.gov/sites/maloney.house.gov/files/Pink%20Tax%20repo...).

Rep. Maloney was joined by women leaders from business, government, and non-profits at both events. A video of the bell ringing can be viewed at www.facebook.com/NYSE) and the full press conference about the report can be viewed at: twitter.com/repmaloney/status/1034511092058337280?s=12.


On August 28, two days after the nation marked the 98th anniversary of the 19th Amendment, Congress Member Carolyn On August 28, two days after the nation marked the 98th anniversary of the 19th Amendment, Congress Member Carolyn The “Earn Less, Pay More” report reveals small steps toward progress on ending the “Pink Tax,” but shows that there is still a long way to reach fair pricing for women as we continue to fight the gender pay gap. In 2016, Rep. Maloney and Sen. Bob Casey (D-PA) requested that the US Government Accountability Office (GAO) study the Pink Tax and gendered pricing. That report, released by the members last week, also highlights a number of disturbing cost discrepancies, including in mortgages, and automobile loans. The Maloney report expands on these findings and examines the compounding effect of pricing differences and the gender pay gap. The report found, among other things, that the gender pay gap can cost women more than half a million dollars over a lifetime. The Pink Tax only adds to that.


B. Maloney rang the Closing Bell at NYSE in honor of Women’s Equality Day. Maloney was joined by women leaders from business, government, and non-profits. B. Maloney rang the Closing Bell at NYSE in honor of Women’s Equality Day. Maloney was joined by women leaders from business, government, and non-profits. “As we celebrate Women’s Equality Day and commemorate the certification of the 19th Amendment, we must make a commitment to continue the fight that the suffragettes started a century ago,” said Congress Member Maloney. “A woman’s right to vote is the only right we have guaranteed by the Constitution and that is not acceptable. We must not rest until full democratic rights are secured for women by passing the Equal Rights Amendment. With this legal bedrock, we will have the backing we need to fight the gender pay gap, sexual harassment and assault, and gendered pricing. Together, we can make history and create a more equitable world for generations to come.”

The Equal Rights Amendment would clarify the legal status of sex discrimination for the courts. This would prohibit sexual discrimination in the same way we have prohibited discrimination on the basis of race, religion, and national origin.

Among those who joined the Congress member for the day’s events were: New York State Lieutenant Governor Kathy Hochul, Assembly Member Rebecca Seawright, Co-President and CEO Of the ERA Coalition Carol Robles-Román, Co-Founder and Co-President of the ERA Coalition Jessica Neuwirth, National Organization for Women (NOW) President Toni Van Pelt, National Women’s Political Caucus (NWPC) President Donna Lent, Co-Founder and CEO of #VOTEPROCHOICE Heidi Sieck, President and CEO of the Manhattan Chamber of Commerce Jessica Walker, National Women’s Hall of Fame Board Member Kathy Bonk, President and CEO of the National Black Leadership Commission on AIDS C. Virginia Fields, Women’s Rights Attorney Sybil Shainwald, Executive Director of Women’s eNews Lori Sokol, Founder of She Will Rise Tricia Shimamura, Downtown Magazine Owner Grace Capobianco, Moms Demand Action Volunteer Linda Dunn, Vice-Chair of the New York State Democratic Committee Trudy Mason, LGBTQ Rights Advocate Judith Kasen Windsor, and Upper East Siders for Change Organizer Monica Atiya.

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