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Wall Street's diversity dilemma deepens as JPMorgan's Dimon sounds off on 'stupid' DEI expenses

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JPMorgan Chase CEO Jamie Dimon said he was "never a firm believer in bias training" and had questions about money being spent on certain DEI programs.

Dimon also said the bank’s approach to Black , Hispanic , and LGBTQ communities would not change.

Some of the biggest companies on Wall Street are increasingly targets of conservative activists seeking changes to DEI policies across corporate America .

National Center for Public Policy Research’s (NCPPR) Free Enterprise Project is asking Goldman to conduct an independent third -party “racial discrimination” audit.

NCPPR was a co-plaintiff in a lawsuit that resulted in a December ruling that rejected Nasdaq 's requirement that companies on its exchange set racial and gender targets.