Magazine

Kamala Harris’ Historic Win for Women

By Sallie Krawcheck

It says so much about the past few days that the possibility for Kamala Harris to make history as the first woman elected vice president was not the first, second, or even tenth thing on my mind.

Instead, like everybody else, I’ve been up too late (and reawakened often) over the past four nights, doomscrolling, checking the news, waiting for updates, worrying about the fate of our country. (We thought all along we were going to have to wait; that hasn’t made waiting any less excruciating.)

But with the release of final ballot counts from Philadelphia ... with the Associated Press (and most other media outlets) calling the race for Biden-Harris ... with Biden making a statement on the race ... with a couple of exhales, and inhales, and triple-checking of all of the above:

Kamala Harris just made history as the first woman elected vice president.

A tweet from 2017 by Kamala Harris saying Our unity is our strength and our diversity is our power.

And this victory came in 2020. The year of the pandemic, and the recession that is hitting BIPOC women especially hard. The year of necessary and vitally important Black Lives Matter protests — and also the backlash we saw to them. The year of a report by TIME’S UP that a full 25% of all coverage of Kamala Harris used racist or sexist stereotyping.

In 2020, a woman who is Black and Asian American made history.

A tweet from 2020 by Kamala Harris saying that as Americans, we stand on the shoulders of women like Mary Church Terrell, Fannie Lou Hamer, and others whose stories are not often told.

And that’s not the only news: On Friday, it was reported that women legislators set a new record. In 2018, 127 women served in Congress. In 2021, that number will be at least 134.

And a special shoutout to Stacey Abrams, who founded Fair Fight after voting irregularities during her Georgia governor run in 2018 likely cost her the seat. Her tireless work to fight voter suppression in Georgia and beyond is a story of leadership, grit, and transformation of loss into victory.

Of course, we still have a long way to go.

The election story itself isn’t over, and it may not be for some time as we see how various court challenges play out.

The news of rising COVID rates continues, and we don’t know what the pandemic may yet do to the economy as we head into winter — but I’m betting it will continue to hit women hardest, and especially BIPOC women.

With control of the Senate still up in the air right now (possibly until January), we still may not see swift action to help (like another stimulus package).

And with our new Congressional record, women are now 25% of Congress. That number needs to double in the coming years.

So we’ll need to stay loud, and keep fighting.

It’s going to take all our efforts combined to drive change in the right direction and reverse the loss of decades of progress women are facing right now.

But if we start by supporting the women — and especially the BIPOC women — we’ll be on the road to change.

And at Ellevest, we’re going to start by celebrating the first woman to be elected on a presidential ticket. Ever.

And in 2020, if you can believe it.

A tweet by Kamala Harris dated June 26, 2020, saying My advice to women who want to run for office: GO FOR IT.

Cheers!


Sallie Krawcheck Signature


Disclosures

© 2020 Ellevest, Inc. All Rights Reserved.

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

Information was obtained from third-party sources which we believe to be reliable but are not guaranteed for accuracy or completeness.

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Sallie Krawcheck

Sallie Krawcheck is the Co-Founder & CEO of Ellevest. Her life’s mission is to help women to reach their financial and professional goals.