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Good morning, Broadsheet readers! This is Paolo Confino, filling in for Emma. Texas governor Greg Abbott sends a bus containing migrants to Vice President Kamala Harriss D.C. residence, House Speaker Nancy Pelosi will introduce stock trade restrictions for Congress, and Edward Jones managing partner Penny Pennington shares the best advice shes received in her career.

Career advice. Every day, do something that terrifies you.

Those words come from Edward Jones CEO Penny Pennington, who considers this the best advice shes received in her 22-year career. Getting comfortable with new challenges invited me to raise my own hand from time to time and to say to my sponsors and my mentors, Ive never been at that table before, but Ive got something to say,' she tells Fortunes Susie Gharib in a wide-ranging interview about how she built her career and Edward Jones approach to navigating periods of volatility.

Its an approach to self-advocacy thats paid off for Pennington whos one of only 44 women CEOs on the Fortune 500. (Thats a paltry 8.8% of companies headed by women.) Within finance, Pennington is even more of a rarity. Shes just one of five women leading a brokerage firm with at least $1 trillion in assets under management on the Fortune 500.

Its a representational shortcoming thats prevalent across all leadership levels in financial services. Although women have achieved gender parity at the entry-level, commanding 52% of these jobs, according to a McKinsey study, their representation dips to 45% as soon as they move into their first management roles. The trend only worsens as they advance up the corporate ladder so that by the time they get to the C-suite, women make up only 27% of executive positions. For women of color, the drop-off between entry-level and C-suite jobs is even more drastic at 80%.

There are many women who say stocks, bonds, mutual funds, and mathnot my thing, Pennington tells Gharib. But this industry is fundamentally about knowledge and empathy. [Its about] helping families have possibilitiesThats when deep, empathetic people of all genders say, Thats something I want to be a part of.'

Hiring more women is a priority at Edward Jones, she says, where only 22% offinancial advisors are women. The company is targeting 30% by 2025.

We need more women in financial services because we need a womans perspective on how women are living today and what theyre concerned about. We need it as financial advisors and as senior decision-makers to make the best decision about the guidance we share with our clients and the products and services we want to build, Pennington explains.

Though Pennington, who was appointed CEO in January 2019, hasnt indicated she is considering stepping down from the firm, she is reflecting on her legacy. I want to be a purpose-driven, human-centered, courageous leader that helps foster the conditions where peoples minds are blown about the lives they get to have, she says.

Paolo Confinopaolo.confino@fortune.com@paolo1000_

The Broadsheet is Fortunes newsletter for and about the worlds most powerful women. Todays edition was curated by Paige McGlauflin. Subscribe here.

- Migrant crisis. Two buses carrying migrants arrived outside of Vice President Kamala Harriss residence in Washington, D.C. on Thursday, apparently sent by Texas Governor Greg Abbott. Their arrival follows Wednesday's news that Abbott unexpectedly directed a plane containing 50 migrants from Venezuela to Marthas Vineyard in Massachusetts. CNN

- Selling stocks. House Democrats will introduce legislation placing new restrictions on lawmakers ability to buy and sell stocks this month, House Speaker Nancy Pelosi announced Wednesday. Pelosi declined to provide details on the legislation other than calling it very strong. But the announcement comes after months of increased scrutiny on members of Congress and their families trading stocks that could create conflicts of interest with their public duties. New York Times

- Dress recode. The Washington State Human Rights Commission has accused Alaska Airlines of discriminating against nonbinary and gender nonconforming employees through its strict policy requiring employees to choose between masculine and feminine uniforms.Reuters

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- Indiana abortion ban. The first abortion ban passed by a state legislature post-Roe took effect in Indiana on Thursday. Lawmakers passed legislation banning abortions with limited exemptions for rape, incest, and some medical complications and emergencies in early August. NPR

- Sweden elections. Swedish Prime Minister Magdalena Andersson resigned Wednesday after conceding defeat in the countrys tight election. Anderssons party, the Social Democrats, still holds the most parliamentary seats at 30% but lost to a slim multi-party right-wing coalition led by the far-right Sweden Democrats. Guardian

- Out of date. Texas health officials are delaying the publication of the states first updated count of pregnancy-related deaths until next summer, after missing a key window. State legislators will likely not be able to use the data in their upcoming biennial session, meaning the analysis wont be used until 2025. The most recent data available is nine years old. Houston Chronicle

The shaky future of a post-Roe federal privacy law Wired

Rommy Hunt Revson, creator of the scrunchie, dies at 78 New York Times

Let the woman rest The Cut

Johnson & Johnson and a new war on consumer protection New Yorker

I think people are so quick to associate women with being vulnerable, but theres nothing wrong with that. I think thats also part of toxic masculinity. We should be able to be vulnerable, and we should be able to feel emotional and be able to express ourselves.

-British singer Dua Lipa.

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Penny Pennington, one of few Fortune 500 women CEOs, shares the best career advice shes received - Fortune