*By Madison Alworth*
New York Rep. Carolyn Maloney wants women to stop paying more than men for products.
"Today my office issued a report on the 'pink tax.' This report shows, not only are we 80 cents to the dollar with the 20 percent discrimination in pay, but that we pay more for other products," said Maloney, who represents New York's 12th Congressional District, in an interview on Cheddar Tuesday.
The congresswoman was at the New York Stock Exchange to celebrate Women's Equality Day, which marks the ratification of the Nineteenth Amendment.
The new ["Earn Less, Pay More"](https://maloney.house.gov/media-center/press-releases/ahead-of-women-s-equality-day-maloney-casey-release-earn-less-pay-more) report highlights research by the [Government Accountability Office](https://www.gao.gov/products/GAO-18-500). The report found that half of the personal care items studied sported higher price tags for the women's version.
The issue extends beyond just personal care.
"We did see a discrepancy in how men and women were treated in mortgages, buying cars, financing, interest on their loans, even access to loans," Maloney said. "This needs to be addressed. Why should you be paid less and then have to turn around and pay more?"
Maloney hopes businesses will react proactively to her report and adjust prices so men and women pay the same amount.
For full interview [click here](https://cheddar.com/videos/congresswoman-carolyn-maloney-fights-for-womens-equality).
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
