DOL Kicks Off Advisory Opinion Program With Focus On Racial Equity Program

( July 22, 2025, 10:28 AM EDT) -- WASHINGTON, D.C. — The U.S. Department of Labor (DOL) Office of Regulations and Interpretations on July 21 issued its first advisory opinion under President Donald J. Trump; rescinding a 2023 advisory opinion regarding an Action for Racial Equity Asset Manager Program, the DOL said Citigroup Inc. (Citi) “should take immediate action to end all illegal activity within its Racial Equity Program and any other initiative, plan, program, or scheme it operates under the banner of diversity, equity, and inclusion.”...