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Plus, for the first time in decades, women will have the chance to try out for a professional baseball league

Forbes
The 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:

• In news that warmed this Philly-area native’s heart, the
WNBA announced Monday that it is expanding to Philadelphia (and Detroit and Cleveland) by 2030, a move that will give the league 18 teams nationwide.

• Three-time Olympic champion and three-time world record holder Faith Kipyegon—the star middle- and long-distance runner from Kenya—set a new world record in the one-mile in her attempt to break the 4:00 barrier. 

• For the first time in decades, women will have the chance to try out for a professional baseball league.
The Women’s Pro Baseball League (WPBL) has announced its inaugural tryouts, offering athletes the opportunity to compete for a place on one of the league’s six teams. League games will start in 2026.

But as
Forbes contributor John Affleck notes in a new Forbes.com piece, journalistic coverage that is more robust and even critical is going to become even more important as women’s sports continue to grow and evolve. “To treat it all with kid gloves and pink and glitter, and everyone’s great and everything's wonderful—that is not sports,” Haley Rosen, the founder and chief executive officer of Just Women’s Sports, told Affleck. “That is not what we're excited about, that is not what builds.”

Cheers!
Maggie

Maggie McGrath  Editor, ForbesWomen

Follow me on Bluesky and Forbes.com

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: Stories From 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 sportsteeing 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 Justiceto becoming one of the nation’s top business litigators.
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