US Steel Flags Trump DEI Order as Risk Factor for Investors

United States Steel Corp. on Friday told shareholders that President Donald Trump’s directive scrutinizing corporate diversity programs is a possible risk to its business.

The steel producer pointed in its 10-K annual report to Trump telling federal agencies to probe what his administration describes as illegal diversity programs.

“In recent years ‘anti-ESG’ sentiment has gained momentum across the U.S., with several states and Congress having proposed or enacted ‘anti-ESG’ policies, legislation, or initiatives or issued related legal opinions, and the President having recently issued an executive order opposing diversity equity and inclusion (‘DEI’) initiatives in the private sector,” the filing ...