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flag Right-leaning groups pressure banks to halt diversity efforts, citing potential legal risks.

flag Right-leaning groups are pressuring major banks like Goldman Sachs and JPMorgan Chase to reduce or end their diversity, equity, and inclusion (DEI) efforts, citing potential legal risks. flag These activist groups, including the Heritage Foundation, have submitted proposals to the banks, arguing that DEI policies could lead to costly lawsuits. flag Despite this pressure, similar shareholder proposals at other companies have rarely gained much support.

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