President Donald Trump is attempting to reshape corporate America by cracking down on DEI initiatives. The Verna Myers Company Diversity Pioneer Vernā Myers explains the implications on these cuts on "Bloomberg Markets.

New York

President Donald Trump is moving to restrict diversity, equity, and inclusion (DEI) initiatives in corporate America, prompting uncertainty among business leaders. Vernā Myers, a recognized diversity advocate, notes that many companies are confused by the administration's lack of specificity in its directives, which has led to hesitation and caution in implementing or maintaining DEI policies.

Myers emphasizes that anti-discrimination laws remain in place, requiring employers to avoid bias and ensure fair treatment for all employees. She explains that while some legal challenges may arise, DEI itself is not illegal, and companies must continue to foster inclusive environments to attract and retain top talent. The evolving legal landscape has led many organizations to seek legal counsel to ensure compliance while upholding their core values.

Trump reshapes DEI in corporate America

Verna how much are these corporate leaders putting their money when their mouth is. So they're coming out perhaps with statements. But are they actually implementing new policies within their rank and file. You know it's interesting because most companies are somewhere between you know frozen to hiding. There's fear but there's also a great deal of confusion because most of the EO is coming out of the administration has no specificity to it. It's just sort of calling things illegal without any understanding or explanation of what is illegal. Because of course we still have the law and the law titled seven says that employees employers cannot discriminate against any other any anyone based on a whole set of categories race gender sexual orientation you name it. Although in the federal it's probably not sexual orientation but in states there are. So I think what's very difficult for companies is that these kinds of anti-discrimination campaigns that we've seen are kind of antithetical to how you know employees employers of choice operate. This is about their core values. That is how to be equitable and how to be fair and how to be respectful. That's how companies that want the best talent and want to keep the best talent. That's how they've been operating for a very long time too. So to suggest that the ways in which you bring in diverse perspectives and then you bring from people from all sorts of backgrounds is the best way to get the best talent and to serve your customers to go against that is very difficult for companies. And it's at cross purposes to their success and their financial prosperity. Verna how are plaintiffs and their teams approaching the courts on this. Because there is so much case law precedent on inequality for example. How and what kinds of arguments are they going to be making. Well I think mostly what they're arguing is what I said about the law which is many of the ways in which companies have thought about how they operate is to avoid discrimination to make sure that there is no group that is being targeted and as as less than or actually having less opportunities. And we know that historically that has been true that intentionally there has been exclusion and there has been a great disparity and a lack of representation. So to really conform with the law you have to be proactive in making sure that there isn't bias and that your leaders understand how to cultivate a kind of environment where people of all backgrounds are feeling like they're respected. And so this is I think where the law is going to help guide us. And of course everybody's got their lawyers out trying to figure out what is legal and what is illegal. But I would say that there is discrimination and then there is D.I. D.I. in itself is not illegal. Could there be ways in which some companies may have crossed the line. I guess that's possible but that isn't true for the clients that I have worked with.

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