The corporate retreat from diversity, equity, and inclusion mandates is accelerating.
Bank of America is eliminating hiring policies that critics viewed as racially discriminatory after President Donald Trump issued an executive order banning federal contractors from engaging in racial discrimination in hiring practices. The financial giant is removing “aspirational” diversity targets and race-based diversity requirements for hiring and recruitment panels, aligning with Trump’s push for merit-based employment policies.
“We evaluate and adjust our programs in light of new laws, court decisions and, more recently, executive orders from the new administration,” a Bank of America spokesperson said in a statement to Bloomberg News. “Our goal has been and continues to be to make opportunities available for all of our clients, shareholders, teammates, and the communities we serve.”
Previously, the bank required “diverse slates” in reviewing candidates and conducting interviews for prospective employees. That practice is now being scrapped as part of a broader overhaul. The bank is also renaming its internal “Diversity and Inclusion” office to “Opportunity and Inclusion,” and its latest corporate report replaced multiple references to “diversity” with words like “talent” and “opportunity.”
Supreme Court Ruling & Trump Order Accelerate DEI’s Collapse
For years, critics have argued that the diversity and inclusion programs implemented across America’s largest corporations amounted to illegal racial discrimination. Many corporate giants expanded these efforts following the so-called “racial reckoning” of the summer of 2020, leading to increased legal and political scrutiny of race-based affirmative action policies.
Bank of America’s shift follows a landmark Supreme Court decision last year that struck down race-based affirmative action in college admissions, ruling such policies violate the Constitution’s equal protection clause. Although that ruling directly applied to higher education, corporate legal teams quickly realized its broader implications, prompting a wave of reconsiderations across corporate America.
President Trump’s executive order has further accelerated the rollback of DEI mandates. While private sector companies are not required to abandon programs based on woke DEI ideology, Bank of America is a federal contractor, making it subject to the new restrictions. […]
— Read More: www.breitbart.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
