02.05.2025Banks Targeted by Attorney GeneralsOn January 21, 2025, President Donald Trump, through Executive Order, declared affirmative action and Diversity, Equity, and Inclusion programs unlawful in the federal government and also for those employers who enter into contracts with the federal government. As part of his Executive Order, Present Trump required the heads of all federal agencies to “encourage the private sector to end illegal discrimination and preferences, including DEI.” He required each federal agency to identify nine civil compliance investigations aimed at publicly traded companies.
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