Fed, Treasury Questioned by Democrats Over Trump’s DEI Order
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A group of House Democrats questioned Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent about actions they may have taken in response to President Donald Trump’s recent executive order ending diversity programs.
“Executive orders should not lead to premature or excessive compliance actions that undermine legally required” efforts on diversity, equity, inclusion and accessibility, wrote Representative Maxine Waters, the top Democrat on the House Financial Services Committee, and 11 other lawmakers.