Goldman Sachs Reportedly Plans To Axe DEI Criteria For Board Members
Goldman Sachs is planning to eliminate diversity, equity and inclusion (DEI) criteria for its board of directors when identifying prospective candidates, according to The Wall Street Journal (WSJ).
The major investment bank is planning the change in the aftermath of a September 2025 request from the National Legal and Policy Center (NLPC), a conservative nonprofit group, the WSJ reported on Monday, citing anonymous sources familiar with the matter. Goldman’s board’s governance committee currently selects potential qualified candidates using four main criteria, one of which is a broad definition of diversity that includes things such as perspectives, background, professional and military experience, as well as “other demographics” — a category that lists various DEI considerations, according to the outlet.
The report comes after NLPC had submitted a proposal to Goldman Sachs in September which urged the bank to scrap the DEI criteria, and the activist organization had requested for the proposal be included in the Wall Street giant’s proxy statement, the anonymous sources told the WSJ.
Goldman Sachs had notified the NLPC that it plans to terminate the DEI criteria, and the two parties signed an agreement under which the NLPC will withdraw its proposal, the WSJ reported. The bank’s board is projected to approve the revised language sometime later in February, the same sources told the outlet.
A Goldman Sachs spokesperson declined to comment. The NLPC did not immediately respond to the Daily Caller News Foundation’s request for comment.
The committee now intends to nix the “other demographics” category, which includes race, gender identity, ethnicity and sexual orientation, from its criteria, the anonymous sources said, the WSJ reported.
Goldman Sachs reportedly eliminated a diversity pledge it made to refuse initial public offering (IPO) business from companies that had fully white, male boards, Bloomberg reported in February 2025. Moreover, Goldman Sachs CEO David Solomon had previously claimed that DEI was a “top priority” for the Wall Street titan, The Telegraph reported on Tuesday.
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“Diversity, Equity, and Inclusion” is a typical Democrat language perversion that makes something egregious and abhorrent sound palatable. Like abortion is “women’s health care”. The sad truth is that I don’t think most Americans understand how deeply entrenched, insidious and destructive the Democrats’ holy grail of DEI has become. In 2021, Biden passed an executive order practically codifying illegal anti-white racism by demanding DEI hiring in every government office and for every government position in the country. Policies that call for hiring and promoting whites last; regardless of qualifications and merit. And it all flows to the private sector where these policies have transformed almost every college and big business in America. Now every college and big business has a DEI officer; usually at the level of Dean or VP. Then, of course, go outside academia and imagine the impact on the quality of doctors and nurses and first responders and pilots and it has corrupted almost every profession in America. And here’s the horrific evidence. Last year we learned that 285 of 313 (91%) of Air Traffic facilities nationwide are short staffed because the FAA refused to hire white people. That puts every single one of us in danger. DEI is the antithesis of the foundational principle of America as the greatest “Meritocracy” in the world where anyone can succeed based on skill and merit. The idea of “equal outcomes” and not “equal opportunity” is flat out marxism. DEI is blatantly illegal because it violates every one of our civil rights laws that say there can be no discrimination based on “race, creed, or sex or national origin”. It’s a cancerous ideology that picks winners and losers based on a hierarchy of “victims”. Thank God that Trump is stopping it, but beyond any executive orders, the Democrats still resist and call anyone who is against DEI a “racist” (of course). Consider how many hundreds of thousands or even millions of unqualified people have been hired under these policies in the last four or five years and how long it will take to weed them all out……