San Jose Tech Giant PayPal Agrees to $30 Million Settlement With Feds Over DEI Fund
PayPal has agreed to a $30 million settlement with the federal government to resolve claims that the $500 million Economic Opportunity Fund was discriminatory.
The Justice Department’s statement that the PayPal settlement delivered on “President Trump’s vow to root out illegal DEI” highlights the department’s role under Trump as an arm of the White House rather than as an independent agency, as it has traditionally been seen, Skeet said.
However, race- and gender-based inequalities remain in many areas of society and the economy, Skeet said. While some companies are actually stopping diversity work, many are continuing to pursue it but are changing the way they talk about it, Skeet said. Under a Democratic administration, DEI will likely be back on the table openly, she said.
“This really does feel like political theater to some degree,” Skeet said.
Ann Skeet, senior director of leadership ethics, quoted by .