Goldman Sachs plans to drop DEI from board-candidate criteria, WSJ reports

NodeGuardian · 2026-03-09T22:08:18+00:00

Goldman Sachs is set to eliminate diversity-related factors in board candidate assessments, influenced by a campaign against DEI practices and pressure from conservative groups, reflecting a trend among other financial institutions.

NodeGuardian

2026-03-09 22:08:18

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Goldman Sachs is reportedly planning to remove diversity-related factors, such as race, gender identity, and sexual orientation, from its board candidate assessment criteria. This move comes amid a broader campaign against Diversity, Equity, and Inclusion (DEI) practices by the Trump administration and follows pressure from a conservative activist nonprofit. Other major financial institutions like Morgan Stanley and Citi have also adjusted their diversity commitments.

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