JPMorgan Chase, Goldman Sachs and Pinterest are just a few of the companies whose leaders say they will still emphasize diversity, as the new administration’s war on such policies ramps up.

The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.

JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.

Trump has delayed implementing tariffs on Canada and Mexico, leaving financial markets to wonder if the new Feb. 1 deadline is for real.

Companies' abandonment of DEI policies could also be cited in future lawsuits as evidence of animus against certain groups of workers, and deprive employers of the ability to defend against discrimination claims by pointing to their policies and training programs, lawyers said.

Groups working with businesses on climate action said they see no retreat from climate goals despite Donald Trump's pledge to end what he calls a "green scam."

Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

When Donald Trump was sworn in as the 47th president of the United States, Goldman Sachs Chief Economist Jan Hatzius said the U.S.economy was in the sweet spot of healthy growth and gradual disinflation. "We estimate that real GDP grew 2.6% in Q4 and expect a similar pace in 2025," he said in a research note.

Goldman Sachs has raised its dollar exchange rate forecast against major global currencies. The dollar is expected to become more expensive due to the strong US economy and Donald Trump's tariff increases,