US EditionJPMorgan changes DEI to DOI as companies respond to Trump assault on ‘equity’
- The FCC, led by Chairman Brendan Carr, is warning companies about DEI policies and has opened investigations into Comcast, NBCUniversal, and Verizon regarding these practices.
- JPMorgan is changing its DEI initiatives to 'Diversity, Opportunity & Inclusion ' in response to government pressure and reducing related employee training.
- Chairman Carr stated, 'If there are businesses promoting invidious forms of DEI discrimination, the FCC could not conclude that approving the transaction is in the public interest.'
- Democratic Senator Richard Blumenthal criticized Carr for targeting media outlets perceived as negative towards President Trump, suggesting a threat to First Amendment rights.
22 Articles
22 Articles
Jamie Dimon Reveals He Will Remain JPMorgan's CEO For 'Few More Years,' Jokes He Won't Swear This Time - JPMorgan Chase (NYSE:JPM)
Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), addressed employees at a town hall meeting on Thursday at the bank’s Dallas corporate conference center in Plano, Texas. What Happened: Dimon humorously opened the session, which lasted about an hour, with a joke, promising, "No swearing this time,” setting a relaxed tone, according to a report by Fortune. He discussed his future at JPMorgan, stating he plans to remain CEO for a “few more year…
JPMorgan quietly renames DEI program as White House wages war on woke corporate policies
The Jamie Dimon-led banking giant is renaming its DEI program "Diversity, Opportunity and Inclusion" -- subbing in "Opportunity" to replace the controversial "Equity" component of DEI, according to a memo obtained by The Post.
JPMorgan just dropped the term ‘equity’ from its DEI program
JPMorgan Chase has long publicly championed diversity, equity, and inclusion in the workplace. Going forward, however, the bank will be embracing the term “opportunity” in lieu of “equity.” On Friday, the bank announced a notable change to the name of its DEI program. “We are changing ‘equity’ to ‘opportunity’ and renaming our organization to Diversity, Opportunity & Inclusion (DOI) because the ‘e’ always meant equal opportunity to us, not equal…
DEI Disappoints At Morgan Stanley — Here's Why
Morgan Stanley’s emphasis on Diversity, Equity and Inclusion (DEI) left employees of all races feeling discriminated against, a Wall Street Journal exclusive revealed this week. DEI is an ideology ostensibly focused on redressing past injustices perpetrated against “marginalized groups.” Morgan Stanley bet heavy on this ethos in 2020, setting hiring quotas for people from “historically underserved communities” and creating programs offering bonu…
FCC Chair Threatens to Block M&A for Companies That Embrace DEI Policies
In the Trump administration’s latest crackdown on diversity, equity and inclusion, FCC chairman Brendan Carr has put companies who promote “invidious” DEI policies on notice, warning that the agency is prepared to block any merger and acquisition proposals they may make. “Any businesses that are looking for FCC approval, I would encourage them to get busy ending any sort of their invidious forms of DEI discrimination,” Carr told Bloomberg in an …
JPMorgan renamed its DEI programs amid pressure from Washington. Read the full memo.
JPMorgan will replace "equity" with "opportunity" in rebranding its DEI programs.Rebecca Noble/Getty Images; Tasos Katopodis/Getty Images for The AtlanticJPMorgan is renaming its diversity, equity, and inclusion programs, per a company memo.The company said it'll refer to them as "diversity, opportunity, and inclusion" initiatives.It comes as Wall Street banks bow to pressure from Washington over DEI.JPMorgan is renaming its diversity, equity, a…
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