Bill Ackman Faces Intense Criticism at Milken Conference Over DEI Stance

At a high-profile business conference, Ackman's controversial views on diversity initiatives sparked a heated debate among top investors.

Ackman was confronted by senior Wall Street executives and minority leaders during a closed-door session at the Milken Institute Global Conference.
Participants criticized Ackman's labeling of DEI as 'reverse racism', challenging his understanding of civil rights and diversity's role in economic growth.
Several executives, including those from large investment firms, argued that undermining DEI could harm America's progress on diversity and inclusion.
The debate reflects wider tensions in corporate America over DEI, with other business leaders also weighing in on the issue at the conference.
Ackman urged critics to read his extensive writings to understand his nuanced views on diversity, which he claims have been misconstrued.