EVERYONE'S TALKING
- Most Powerful Monday. Today's a big day for Fortune—our Most Powerful Women Summit kicks off in Washington, D.C., this afternoon.
There are some exciting discussions on the agenda. This afternoon, we'll hear from executives including Deloitte board chair Janet Foutty, Synchrony CEO Margaret Keane, SoftBank Vision Fund partner Lydia Jett, and Guardian Life Insurance CEO Deanna Mulligan. We'll close out the night with a conversation with former U.S. national security adviser Susan Rice.
You can watch all the action on the livestream here. The Broadsheet will bring you the highlights tomorrow morning.
In the next two days of the Summit, we'll look forward to conversations with Tory Burch, AMD president and CEO Lisa Su, Anita Hill, Rep. Elise Stefanik, Lockheed Martin CEO (and No. 1 on Fortune's Most Powerful Women list) Marillyn Hewson, and plenty more women at the top of business and politics. For more names to look forward to, browse the agenda here.
There's also some controversy brewing this time around. Kirstjen Nielsen, the former secretary of homeland security who carried out President Trump's family separation policy, is slated be interviewed by PBS Newshour's Amna Nawaz on Tuesday. The session is billed as "a conversation about the horror of family separation, border security, and more." We'll let you know what Nielsen has to say.
We'll also hear from 2020 candidate Rep. Tulsi Gabbard on Tuesday. Gabbard had an eventful weekend as she sparred with Hillary Clinton, so it's sure to be an interesting interview.
Kristen, Claire, and I are all in D.C., so if you're at the Summit and see us, say hi!
Emma Hinchliffe
[email protected]
@_emmahinchliffe
ALSO IN THE HEADLINES
- Gut check. Rep. Alexandria Ocasio-Cortez officially endorsed Sen. Bernie Sanders for president this weekend with a rally in New York; AOC said she decided to publicly endorse Sanders after a "gut check" when he suffered a heart attack. Sen. Elizabeth Warren's response? "I know that once this primary is over we're all going to be on the same side."
- Moving words from Meghan. In a viral clip from a documentary that aired in the U.K. last night, Meghan Markle, Duchess of Sussex, answered yes to the question of whether the British tabloids' treatment of her has been a "real struggle." "Not many people have asked if I'm OK," Meghan said. (Speaking of AOC, the congresswoman also spoke out to support Meghan: "Sudden prominence is a very dehumanizing experience.") Guardian
- Going private. Hudson's Bay Company, the retail group that owns Saks Fifth Avenue and recently announced it would sell off Lord & Taylor, is going private. The company agreed to a shareholder proposal headed by its executive chairman Monday morning. CEO Helena Foulkes has been trying to turn around the company since she started in the job in 2018. Reuters
- CFPB at the SC. The Supreme Court on Friday agreed to hear a case that could significantly weaken the Consumer Financial Protection Bureau—the agency that was the brainchild of Elizabeth Warren before she was elected to the Senate. The Court could change the CFPB by allowing the president to remove its director at will. The current CFPB director is Kathy Kraninger; she's aligned with the Trump Administration on the issue. CNN
MOVERS AND SHAKERS: Safra Catz became the sole CEO of Oracle last month after her co-CEO Mark Hurd took a medical leave of absence; Hurd died on Friday at 62. Arnold's former CEO Pam Hamlin joins York Creative Collective as president. CMO Giusy Buonfantino will step down from Kimberly-Clark.
A More Modern Board
Many private boards know their companies could be disrupted, and are exploring new approaches to composition and practices . One senior leader shares some practical insights on how boards can modernize in these fast-changing times. Read more
IN CASE YOU MISSED IT
- One leap for womankind. Astronauts Christina Koch and Jessica Meir became the first women this weekend to complete a spacewalk without any male colleagues. NASA astronaut Tracy Dyson spoke for many when she said she hopes the "all-female spacewalk" just becomes a normal occurrence; the astronauts did have to correct President Trump, however, who incorrectly said it was "the first time for a woman outside of the space station." CNN
- Future of fermentation. In Asheville, North Carolina—aka Beer City—women are at the forefront of the fermentation industry. Kombucha, Jun, and more fermented products are seeing their popularity fueled by women-owned businesses. Fortune
- Mortgage prisoners. One form of domestic abuse and financial abuse that doesn't get talked about that much? The problems facing "mortgage prisoners." Women who left abusive relationships describe how they were trapped by large mortgages after ex-spouses prevented sales of properties, refused to sign papers to negotiate new mortgage rates, and more. Guardian
- Not a secret. Intel will share employee pay data according to race and gender next year, the company said last week. Companies with more than 100 employees are required to report that information to the Equal Employment Opportunity Commission this year, but the EEOC will keep the data confidential; Intel is choosing to go public. Bloomberg
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QUOTE
"I just want people to understand what the rules are—and, hopefully, to follow them."
-Federal Election Commission chairwoman Ellen L. Weintraub on why she is vocal on Twitter
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