Women could get more support from the men in Congress with the just-launched Men for Women Caucus in the House of Representatives.
Announced Sept. 28 by Rep. Don Beyer, D-Va., the caucus “exists to empower women in the economy” by sponsoring legislation and advocating for greater parity among corporate leaders.
The caucus' first act was submitting a congressional resolution that corporations and their boards should commit to gender diversity.
Mr. Beyer, a member of the Joint Economic Committee, in May also introduced the Federal Employee Gender Diversity Investment Act to allow federal workers to allocate a portion of their Thrift Savings Plan accounts to a gender equality-focused stock index fund, fund composed of investments in companies with a substantial number of women in leadership positions.
More gender diversity “makes good business sense,” Mr. Beyer said, because companies with women in leadership positions have been shown to outperform those “that ignore half the talent pool.”