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California Senator Kamala Harris. Photo: David McNew/Getty Images

2020 Democratic candidate Sen. Kamala Harris revealed a proposal Monday to help close the gender pay gap in the U.S. by fining companies with more than 100 employees that don't guarantee equal pay, CNN reports.

Why it matters: Full-time women in the workforce earned 80% of what males earned in equivalent professions while black and Hispanic women earned even less, according to 2017 data from the U.S. Census Bureau.

Harris writes in her plan:

"This will radically change the way we enforce equal pay in America. Our current equal pay laws rely exclusively on proving instances of individual discrimination and place the burden entirely on employees to hold big corporations accountable. ... Under our plan, for the first time in American history, companies will be held responsible for demonstrating they are not engaging in pay discrimination."

Details:

  • If approved by Congress, companies would be required to submit data on what they pay employees annually.
  • Companies who do not comply will be penalized 1% of their daily profits for every 1% gap in pay between men and women.
  • The Harris campaign calculated that fines would total about $180 billion in 10 years, which she plans on investing in paid family leave and medical leave.

Go deeper: Kamala Harris on the issues, in under 500 words

Go deeper

The week the Trump show ended

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Donald Trump was eclipsed in media attention last week by President Biden for the first time since Trump took office, according to viewership data on the internet, on social media and on cable news.

Why it matters: After Trump crowded out nearly every other news figure and topic for five years, momentum of the new administration took hold last week and the former president retreated, partly by choice and partly by being forced off the big platforms.

Pay TV's bleak post-pandemic outlook

Data: eMarketer; Chart: Axios Visuals

The pandemic has taken a huge toll on the Pay-TV industry, and with the near-term future of live sports in question, there are no signs of it getting better in 2021.

Why it matters: The fraught Pay-TV landscape is forcing some smaller, niche cable channels out of business altogether.

3 hours ago - World

Biden sets his sights on China

Photo illustration: Eniola Odetunde/Axios. Photo: Frederic J. Brown/Getty Images  

The new administration's first few moves and statements on China suggest that President Biden may continue some of the Trump era's most assertive policies.

Why it matters: China's severe domestic repression, its dramatic rise as a technological superpower, and its increasingly aggressive actions around the globe mean that the world expects the American president to take action.