Kirsten Gillibrand thinks she can defeat President Donald Trump in 2020. No, it's not too early to skim her résumé for indicators of her understanding of key business issues.
"I'm going to run for president because as a young mom I am going to
fight for other people's kids as hard as I would fight for my own,"
Gillibrand, 52, said during an appearance on CBS's The Late Show With
Stephen Colbert on Tuesday.
Gillibrand has vowed to enact universal paid family leave as president,
and as the junior senator from New York established herself as an
advocate for workers and small businesses. Here are some of the
business-related issues she has fought for during her political career.
In 2018, Gillibrand wrote and helped pass the Main Street Employee
Ownership Act, which gave the U.S. Small Business Administration tools
to help small businesses transitioning to a co-op or employee stock
ownership plan. In these plans, companies take out loans to buy shares
from their shareholders, and then divide the shares among employees.
Also last year, Gillibrand introduced a bill to expand the Small
Business Administration's Microloan Program. The bipartisan Microloan
Modernization Act would provide loans and technical assistance to women
and minority business owners struggling to receive loans from banks. The
bill passed in the Senate in 2018 and is awaiting House approval.
Gillibrand helped pass the Lilly Ledbetter Fair Pay Act of 2009, which
gives victims of pay discrimination more time to file a lawsuit.
Gillibrand joins Massachusetts senator Elizabeth Warren in the race for
the Democratic presidential nomination, marking the first time in U.S.
history that two women senators will run for a party's presidential
nomination at the same time. Raised in upstate New York, Gillibrand
graduated from Dartmouth College and earned her law degree from the
University of California, Los Angeles. She worked as an attorney for 10
years before entering politics.
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