Money Talks: RIP DEI?

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 26 November 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this Money Talks: Diversity, Equity, and Inclusion programs are being targeted by “anti-woke” pundits. Emily Peck is joined by Simone Foxman of Bloomberg to explain why DEI is under fire from conservatives, and what these programs might look like under Trump’s second term – if they exist at all. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Money Talks, a special extra podcast from Slate Money where we chat with brilliant and interesting people.
0:16.7	I'm Emily Peck. I'm a correspondent at Axios and a co-host of Slate Money. And I'm so excited to be here
0:22.5	with Simone Foxman. She's a longtime finance reporter at Bloomberg News, who's been closely following
0:28.6	something of great interest to me and a lot of other people. And that's the backlash against
0:33.3	DEI, diversity, equity, and inclusion programs inside companies. Simone, welcome to Money Talks.
0:40.6	Hi, Emily. So glad to be with you. Yay. So you covered hedge funds for a really long time,
0:46.0	but now you're diving into, I guess, the intersection of social issues with business and finance,
0:52.4	which is a rich topic these days. And that's what I really
0:55.9	want to dive into. Now that we know Donald Trump is returning to the White House, we know he
1:01.9	took action against DEI at the later stages of his first administration. And I think companies now
1:08.7	are really bracing for another wave of backlash against diversity, equity, inclusion if they haven't already scaled things back.
1:17.0	So I really want to talk about what the backlash has looked like over the past few years, what Donald Trump's return to the White House is going to mean for DEI.
1:26.6	And I guess I have a bigger picture question of, do these efforts, have they actually been very effective?
1:32.3	There's a lot of people upset about this backlash, but I want to pull back and say, you know, what has it all meant?
1:40.3	So yeah, I want to get into all of this, how it unfolded, how it started, and that's all coming up on Slate Money Talks.
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2:09.0	So Simone, you wanted to get into how this all started?
2:13.8	Yeah, I mean, let's take us back to, I mean, frankly, like the 1960s, there were efforts to try and diversify the workforce.
2:21.7	You know, before then, there would be signs saying you can't apply if you are a certain race or if you're a certain gender.
	...

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