‘Fearless Girl’ statue sponsor State Street drops boardroom diversity targets
According to new proxy voting guidance, the State Street Asset Management Force on Friday removed the target for the number of women and minority directors to serve on the Corporate Committee. Posted on that website. The changes coincided with changes in other major asset managers under political pressure, shifting the shift where meeting rooms are […]
FCC chair opens probe into diversity practices at Verizon
Federal Communications Commission Chairman Brendan Kerr on Thursday launched an investigation into diversity practices on Verizon and raised the telecommunications company's ongoing efforts to purchase Frontier Communications. Last month, Republican Kerr, designated by President Donald Trump, told NBC's News Pro-Comcast earlier this month that he was opening a similar survey on promotions in diversity, equity […]
Wells Fargo ends diversity policy for senior level recruitment, Bloomberg News reports – Yahoo Finance
(Reuters) Wells Fargo has ended its policy requiring a diverse candidate slate in the first round of interviews for senior-level roles in the US, Bloomberg News reported Wednesday, citing a note to staff. The move will make banks the latest in the financial industry and reduce diversity, equity and inclusion (DEI) efforts after criticism from […]
Buffett’s Berkshire Hathaway removes diversity and inclusion from annual report
Warren Buffett's Berkshire Hathaway joined the growing list of American companies on Saturday to publicly change its approach to discussing its commitment to diversity and inclusion. The Berkshire annual report describes the conglomerate's 189 operating operations, explaining how approximately 392,400 people rely on human capital and resources, each of which establishes practices to attract and […]
Trump fires Black joint chiefs chair Hegseth accused of promoting diversity | Trump administration
Donald Trump suddenly fired Air Force General CQ Brown Jr. as co-director chair on Friday, and bystanders the history-making black fighter pilots and respected officers as part of his campaign Cleanse the army of leaders who support diversity Rank fairness. The second black general exile, who chairs the co-chief, was outlined during a podcast interview […]
LGBTQ health groups sue Trump over orders targeting diversity, transgender rights
Nine LGBTQ, health and HIV organizations sued the Trump administration on Thursday with three executive orders targeting transgender people and diversity, equity and inclusion (DEI) initiatives. Personal identity. The group, based in six different states, challenged President Trump's order to end the DEI program, subsidizing grants “in relation to equity” and the government recognizes only […]
Pete Buttigieg abandons previous support for DEI, compares diversity programs to ‘Portlandia’
Former Transport Secretary Pete Battigigue Reverse course It mimics previous support for diversity, equity, and inclusion programs, as well as diversity training seminars. Buttigieg made comments on a forum called “The Democrat Future” with moderator David Axelrod, who criticized the “scene” of the DNC Chairman's election. “If we're more serious about actual values, not getting […]
HUD Cancels $4 Million in Diversity, Equity, and Inclusion Contracts
The Housing and Urban Development Authority (HUD) has announced a contract on Thursday to promote “diversity, equity and inclusion” (DEI) after the government ministry's government efficiency (DOGE) task force identified them as wasteful spending. We cancelled $4 million. The terminated agreement was intended to “DEI Cultural Change” which includes outward mindset training and diversity and […]
Goldman Sachs ends IPO diversity policy as Trump cracks down on DEI
Goldman Sachs cancelled its policy four years ago to bring in only public companies with two diverse board members, a bank spokesman said on Tuesday that he was social policy from President Trump. He said in the latest moves by companies that are hoping for greater scrutiny on the issue. “As a result of the […]
PBS closes DEI office, announces diversity officers are leaving in response to Trump executive orders
PBS's Diversity, Equity and Inclusion (DEI) office and its diversity officers have retired in response to President Donald Trump's executive order. In a statement from Fox News Digital, PBS confirmed the news on Monday. “To ensure maximum compliance with the President's executive order on diversity, equity and inclusion, we have closed the DEI office. Staff […]