Frances McDormand may be first woman nominated for Best Picture and Acting Oscar

'Nomadland' tells the story of Fern (McDormand), a woman who, during the Great Recession, decides to live as a modern-day nomad.

Frances McDormand could make history for women at the Oscars.

The 63-year-old actor has received raves for her performance in Nomadland from Chloe Zhao, landing her in contention for her sixth acting nomination after winning two best actress Oscars (1996's Fargo and 2018's Three Billboards Outside Ebbing, Missouri).