Goldman Sachs (GS) is set to scale back some of its diversity, equity, and inclusion policies, changing course under the threat of possible lawsuits after President Donald Trump ordered U.S. Attorney General Pam Bondi to stamp out DEI practices in the private sector, The New York Post’s James Franey reports, citing sources familiar with the matter. Other banks that have scrubbed DEI langauge from their annual reports to shareholders include BlackRock (BLK) and Bank of America (BAC), according to 10-Ks filed Tuesday night by both companies reviewed by The Post.
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