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Fortune
Fortune
Emma Hinchliffe, Nina Ajemian

Emilia Pérez, The Substance lead Oscar nominations for women

(Credit: Matt Winkelmeyer—WireImage via Getty Images)

Good morning! Senate Democrats block "born alive" abortion bill, Binance Labs will become a family office, and we're in for an interesting Oscars season. Have a restorative weekend!

- What to watch. The nominations are in—and this year's Academy Awards bring us some milestones and notable snubs.

Karla Sofia Gascón earned the most historic nomination: for her role in Emilia Pérez, she's the first openly trans person nominated for any acting Oscar. In the movie musical, she plays a trans Mexican cartel leader—and her nomination arrives amid an American political climate that has become even more hostile toward trans people. Gascón used her speech during the Golden Globes to speak out for trans rights: "You [can] put us in jail, you can beat us up [but] you never can take away our soul, our existence, our identity," she said. Her Oscar nomination arrives after President Donald Trump issued an executive order declaring the U.S. government only recognizes two biological sexes: "He is shameless," she said in an interview after her nomination yesterday. But throughout her Oscar campaign, she urged voters to vote for her based on the merits of her performance, not because of or in spite of her identity.

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