Jamie Dimon Reaffirms JPMorgan's Commitment to DEI Initiatives

The JPMorgan CEO defends diversity efforts against conservative shareholder pressure and recent federal policy changes.

Jamie Dimon emphasized JPMorgan's dedication to diversity, equity, and inclusion (DEI) initiatives during the World Economic Forum in Davos, Switzerland.
A conservative group, the National Legal and Policy Center, has proposed removing DEI considerations from executive compensation at JPMorgan.
JPMorgan's $30 billion racial equity program, launched in 2020, is nearly complete and has become a permanent part of the bank's strategy.
Dimon criticized oversimplified labels like 'DEI' and 'ESG,' stating they misrepresent complex business strategies aimed at bridging social and economic gaps.
President Trump recently signed an executive order targeting DEI programs in both public and private sectors, escalating scrutiny of corporate diversity efforts.