Goldman Sachs Removes Diversity Goals After Trump DEI Order (1)

Goldman Sachs Group Inc. erased diversity targets from a key regulatory filing, becoming the latest Wall Street firm to turn away from specific goals for a more representative workforce after an executive order by President Donald Trump.

“We have made certain adjustments to reflect developments in the law in the US,” Chief Executive Officer David Solomon said in an emailed statement Thursday. “We strongly believe that merit and diversity are not mutually exclusive. Our people are a powerful example of that and that’s why we will continue to focus on the importance of attracting and retaining diverse, exceptional talent.”

Goldman CEO David Solomon

Photographer: Paul Yeung/Bloomberg