Today President Obama announced that his administration is expanding rules to close the gender and race pay gap. The executive order will require businesses with more than 100 employees to provide the federal government with pay data to identify abuses of equal pay laws.
The proposal is an expansion of a similar order the president announced two years ago aimed at narrowing the pay gap between men and women hired by federal contractors.
The new rules, according to the Equal Employment Opportunity Commission, would be unveiled in September, and employers have to start submitting pay information a year later.
Guests:
Kay Hymowitz, William E. Simon Fellow at the Manhattan Institute in New York. She is the author of four books and writes extensively on childhood, family issues, poverty, and cultural change in America.
Jocelyn Frye, Senior Fellow at the Center for American Progress