Goldman Sachs Moves to Remove Diversity Metrics from Board Candidate Evaluations

Deep News
02/17

According to informed sources, Goldman Sachs is preparing to remove considerations of race, gender identity, sexual orientation, and other diversity-related factors from its criteria for evaluating potential board candidates. Since taking office last year, U.S. President Trump has launched a broad campaign against Diversity, Equity, and Inclusion (DEI) practices in both government and the private sector, labeling such programs as discriminatory. Under pressure from the Trump administration, several corporate giants, including Morgan Stanley and Citigroup, have softened their diversity commitments. Goldman Sachs made this decision in response to a request from conservative activists at the non-profit National Legal and Policy Center, a minor shareholder of the bank. The group reportedly submitted a proposal last September urging the company to eliminate DEI criteria.

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