Reported 27 days ago
A group of House Democrats interrogated Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent regarding their responses to President Trump's executive order that dismantles diversity programs. Representative Maxine Waters and other lawmakers emphasized that executive orders should not force early compliance actions that may undermine efforts toward diversity and inclusion. They requested legal justifications for compliance and related documents from the agencies. Powell reassured that the Fed aims to hire the best talent, emphasizing its ongoing commitment to diversity.
Source: YAHOO