Kamala Harris Outlines Plan To Penalize Companies That Fail To Close Gender ‘Pay Gaps’
The Washington Times cites Senior Fellow Ryan Young on a legislative plan to penalize companies for gender pay disparties.
Ryan Young, a senior fellow at the free-market think tank Competitive Enterprise Institute, said there’s good reason to be wary.
“It’s the right problem, but the wrong solution,” he said. “Because of politicians’ limited creativity in this regard, even if they have the best of intentions, meddling with corporate governance will not have the consequences they intend. That’s going to have to be a genuine cultural change — not some bill that Congress passes.”