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JPMorgan 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.
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Seeking Alpha broke the news in United States on Thursday, March 20, 2025.
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