How The GOP Budget Bill Will Affect You. Plus: Why Over-Explaining Leads To Burnout

Forbes

3 days ago

This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list!
T he GOP Budget bill and its impact on everyday Americans is dominating headlines—and we have some news about it in the ICYMI section below—but we begin this week's newsletter with a bit of counter-programming…
We at Forbes have been tracking the growth of women's sports over the last several years—and it seems that this week has been a busier one than most for this particular sector. Here's just a sampling of what's been buzzing over the last few days:
Cheers! Maggie McGrath Exclusive Forbes News: Investor Carolina Brochado Tapped To Lead Venture Arm Of $315 Billion Buyout Fund EQT
Carolina Brochado Carolina Brochado
Swedish buyout fund giant EQT is shaking up its venture arm as it prepares to increase its investments in American startups. The $315 billion asset manager has promoted investor Carolina Brochado to head up venture and growth investments from a new outpost in New York. In her new role, Brochado will oversee EQT's early and late stage investments both, with a particular focus on venture stage companies in the U.S. 'We want to have a larger presence in the world's deepest technology market,' said Brochado. ICYMI: News Of The Week
The GOP budget bill narrowly passed the Senate and on Thursday morning inched to a final vote in the House. (Editor's note: As of 11:30am ET Thursday, House minority leader Hakeem Jefferies was more than six hours into a marathon speech lambasting the bill and delaying the vote.) On Wednesday, Congresswoman Debbie Wasserman Schultz (D, FL-25) spoke to ForbesWomen editor Maggie McGrath about how the bill's cuts to Medicaid and SNAP will actively harm and, in her view, even kill people.
In news that broke mere minutes after last week's ForbesWomen weekly went out: Anna Wintour, the longtime Vogue editor-in-chief, announced that she is stepping down after four decades at the helm of the influential fashion magazine. She will remain Condé Nast's chief content officer, but the moment offers an opportunity to reflect on her legacy—which includes championing designers like Christian Lacroix, Michael Kors and Giorgio Armani.
The Supreme Court announced Thursday it will take up multiple cases concerning state bans on transgender women in sports, teeing up a potential landmark ruling on transgender rights as the issue has become an increasing source of political controversy. This comes just days after the University of Pennsylvania came to an agreement with the Trump administration that will strip transgender swimmer Lia Thomas of her titles and recognitions and ban trans athletes from women's sports after the administration alleged the school violated Title IX provisions (a charge that Penn denies).
Forbes recently released its list of America's Best-In-State Lawyers for 2025, and Forbes senior editor Liane Jackson has an inside look at how one of those lawyers, Stacey Grigsby, went from an early job at the Department of Justice to becoming one of the nation's top business litigators.
The Checklist
1. Avoid the small business debt trap. 'Buy now, pay later' schemes offer aspiring side-gig hustlers and small business owners a way to fund their entrepreneurial dreams—but it's important to understand the long-term costs of the debt you may be taking on.
2. Understand how to generate income on Substack. For women exploring alternative income streams, platforms like Substack offer a powerful opportunity to turn ideas, insights and storytelling into sustainable revenue. Here's what you need to know.
3. Learn to be misunderstood. Did you know that worrying too much about what other people think about your decision-making can lead to stress, burnout, and a decline in your executive functioning? Next time the impulse to explain or over-explain arises, pause. The Quiz
In a recent survey, teens admitted they engage in a bad habit while driving for an average of 21% of the time they're behind the wheel. What is it? FaceTiming or other video calling Vaping Looking at their cell phone Eating and drinking
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