Great News! Asset management firm BlackRock is stepping back from its diversity, equity, and inclusion (DEI) programs amid opposition from President Donald Trump’s administration.

The company’s executives elaborated on this change and outlined BlackRock’s future direction. According to Fox Business, they emphasized their ongoing commitment to (emphasis mine) fostering a workplace that welcomes diverse people and viewpoints. To achieve this, BlackRock plans to combine its Talent Management and DEI teams into a new global Talent and Culture team.

Recent reports regarding BlackRock follow President Trump’s executive order directing federal agencies to investigate corporate Diversity, Equity, and Inclusion (DEI) initiatives that might potentially infringe upon civil rights legislation.

Now, in theory, they’re distancing themselves from DEI in the same way they did with ESG. However, it isn’t over. At one point CEO Larry Fink once said that BlackRock must embed DEI into everything it does. Yet their most recent statement is, likely, an indication the company will still practice DEI but will be a bit more subtle in how its done.

BlackRock CEO Larry Fink is still committed to the cause  and the left never gives up, they just try to remake their schemes into something else. For example, shortly after the left was getting hammered with their use of critical race theory, it was quickly changed into a new scheme called social emotional learning (SEL).

Six years ago, one of the Pioneer Institute study’s authors, Jane Robbins, wrote an article for The Federalist pointing out that organizations that back SEL use it as a vehicle to turn school children into leftist activists indoctrinating students in leftist propaganda. Sound familiar?

So with all of this in mind, don’t bet on BlackRock CEO Larry Fink backing off from DEI, ESG, or any other woke ideology. Fink and his honchos will undoubtedly come back at some point with another feel-good, leftist program along the same lines to push companies back into the virtue signaling camp.

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