Why No One Is Happy About Morgan Stanley’s DEI Efforts

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 18 March 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Mar. 18. In 2020, Morgan Stanley went big on DEI efforts; now, after criticism from employees, it’s watering them down. WSJ reporter AnnaMaria Andriotis tells us what happened. Plus, Russian President Vladimir Putin agrees to a temporary cease-fire in Ukraine on a call with President Trump. WSJ report er Alan Cullison joins to talk about what it means. And Chief Justice John Roberts criticizes Trump for calling to impeach judges ruling against his administration policies. Alex Ossola hosts. Watch: How Taiwan Is Navigating Trump 2.0 Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Americans love using their credit cards, the most secure and hassle-free way to pay.
0:04.0	But DC politicians want to change that with the Durban Marshall Credit Card Bill.
0:08.0	This bill lets corporate megastores pick how your credit card is processed,
0:13.0	allowing them to use untested payment networks that jeopardize your data security and rewards.
0:18.0	Corporate megastores will make more money and you pay the price.
0:22.1	Tell Congress to guard your card because Americans lose when politicians choose. Learn more at
0:28.1	guard your card.com. In a call with President Trump, Russian President Vladimir Putin agrees to a limited ceasefire in Ukraine.
0:40.0	Plus, how Morgan Stanley's efforts had inclusivity caused divisiveness instead.
0:44.4	What was interesting in all of this reporting was hearing the different type of tensions among white executives, white employees, as well as black employees and executives.
0:55.6	We're talking about settlements. We're talking about lawsuits being filed.
0:59.7	And why people across the American heartland are struggling to afford home insurance.
1:04.9	It's Tuesday, March 18th.
1:06.9	I'm Alex Oslo for the Wall Street Journal.
1:09.2	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:16.1	In a phone call with President Trump today, Russian President Vladimir Putin agreed to a limited ceasefire in Ukraine.
1:23.1	The agreement means that Russia will pause attacks against Ukraine's energy infrastructure for 30 days.
1:28.5	The ceasefire is Trump's first tangible win from Russia in his effort to end the war.
1:33.1	But a plan for longer-lasting peace is far from a sure thing.
1:37.0	For more, I'm joined by WSJ reporter Alan Culleson.
1:40.5	Alan, what is each side getting out of this?
1:43.1	For now, the Kremlin buys some time.
1:46.0	There was some danger that by dragging their feet, they might get Trump angry.
	...

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