*By Bridgette Webb*
Corporate boards are often much smaller than the companies they serve, but their importance shouldn't be underestimated, said Ăsa Regnér, UN Women's deputy executive director.
"Boards influence people's lives, so it's really important who is on those boards," Regnér said Monday in an interview on Cheddar.
That is perhaps why California just passed new legislation that requires public companies in the state to have at least one woman on their boards by the end of 2019. By 2021, a minimum of two women must sit on boards of five or more; three, when boards have more than six people.
For Regnér, it's about corporate America leading by example.
"I think these kinds of legislation are normally really good," she said. It's important "to ask people to actually shape up and do something about the injustice that we see."
But the law didn't sail through without opposition. Many argued it's not the government's right to dictate a company's board, and others argued the law may prioritize gender over other critical kinds of diversity ー like race and ethnicity, for example.
Regnér disagreed.
"There is already a quota going on, but it is an informal quota which favors men with a certain background," she said. "I don't think there is a contradiction to other backgrounds, this is one step I don't think \[demographics\] should fight each other."
For full interview [click here](https://cheddar.com/videos/%20Fostering%20an%20Unstereotyped%20Culture).
Russian President Vladimir Putin arrived in Beijing, underscoring China's continued support of Moscow amid Russia's ongoing war in Ukraine.
The Justice Department is appealing the prison sentence of the lengths of four Proud Boys leaders who were convicted in the January 6th Capitol attack.
Supreme Court Justice Amy Coney Barrett endorsed the idea that the court adopt a formal code of conduct.
The Supreme Court ruled it would allow the Biden administration to regulate so-called ghost guns, or those untraceable homemade weapons, and also barred two Texas-based manufacturers from selling products that can be turned into ghost guns.
The Commerce Department on Tuesday updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them.
And in a surprise move, President Joe Biden has joined former President Trump's Truth social platform.
The Supreme Court ruled it would allow the Biden administration to regulate so-called ghost guns, or those untraceable homemade weapons, and also barred two Texas-based manufacturers from selling products that can be turned into ghost guns.
Former President Donald Trump returned to a New York City courtroom Tuesday to watch the civil fraud trial that threatens to disrupt his real estate empire, renewing his claims that the case is a baseless and politically targeted distraction from his 2024 campaign.
Over 30 people were arrested outside of the White House Monday during a protest against the Israel-Hamas war.
President Joe Biden swept into wartime Israel for a 7 1/2-hour visit Wednesday that produced a heaping dose of vocal support and a deal to get limited humanitarian aid into Gaza from Egypt.
Load More