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JPMorgan CEO Jamie Dimon Stands Firm on DEI Initiatives Despite Industry Shift

JPMorgan Chase CEO Jamie Dimon reaffirmed the bank’s commitment to diversity, equity, and inclusion (DEI) despite a broader industry trend of scaling back such efforts. In an interview with CNBC, Dimon emphasized that the bank will continue its support for Black, Hispanic, LGBT, veteran, and disabled communities.

Earlier this month, JPMorgan acknowledged that its business practices and DEI policies could face criticism from activists, politicians, and the public. While some major corporations are retreating from DEI initiatives, JPMorgan remains committed.

Several companies have recently revised their diversity policies. Citigroup has removed its requirement for diverse candidate slates in job interviews, and Goldman Sachs has ended its policy of only taking public companies with at least two diverse board members. These changes align with growing political pressure, particularly efforts by former President Donald Trump to reduce DEI programs in both government and private sectors.

Despite these shifts, JPMorgan continues to prioritize diversity outreach, signaling its long-term commitment to inclusive business practices.