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flag Major banks drop diversity language following Trump's executive order amid legal concerns.

flag Major US banks like Morgan Stanley, JPMorgan, and Citigroup are removing diversity, equity, and inclusion (DEI) language from their public statements. flag This move follows President Trump's executive order on DEI, which has raised concerns over potential federal investigations or legal action. flag The White House argues that DEI initiatives can lead to biased practices and intergroup hostility.

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