Tag: DEI
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Trump order bars DEI practices in federal contracts
On March 26, 2026, President Donald Trump (R) signed an executive order (EO) that orders federal agencies to add a new clause to federal contracts barring contractors and subcontractors from engaging in diversity, equity, and inclusion (DEI) activities. The order establishes penalties including contract termination and potential exclusion from future federal work. The order, titled…
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Fifteen state AGs ask Business Roundtable to stop DEI
Fifteen state attorneys general sent a letter to Business Roundtable, an organization of chief executive officers (CEOs), urging the organization and its member companies to withdraw their support for diversity, equity, and inclusion (DEI) initiatives. The Republican state attorneys general are asking the business group to reverse its perceived support of ESG issues. The group…
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Oklahoma launches effort to oppose corporate DEI
Oklahoma Treasurer Todd Russ (R) announced plans to oppose corporate diversity, equity, and inclusion (DEI) programs through shareholder proposals using its $2 billion Tobacco Settlement Endowment Trust. DEI is typically associated with the social component of ESG. Treasurer Russ has argued corporations should be politically neutral and avoid using corporate money for DEI and ESG…
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Texas sends letter opposing financial firm DEI policies
Ten states, led by Texas, have requested information from BlackRock, Goldman Sachs, and others regarding their diversity, equity, and inclusion (DEI) policies. The Jan. 23 letter argued business and investment decisions based on race, sex, and other diversity criteria could violate financial firms’ fiduciary duty to focus on maximizing shareholder value. Texas and other states…