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flag Goldman Sachs to drop diversity factors in board hiring, amid industry-wide DEI retreat.

flag Goldman Sachs is planning to remove race, gender identity, sexual orientation, and other diversity factors from its board candidate evaluations, according to a Wall Street Journal report citing sources. flag The move follows a proposal from conservative nonprofit NLPC, a small shareholder, and aligns with broader industry trends as major banks scale back DEI commitments under political pressure. flag The change, expected to be approved by the board, reflects growing scrutiny of corporate diversity initiatives amid a national debate over DEI policies. flag The bank has not commented, and Reuters could not independently confirm the details.

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