Several businesses have softened their stance on diversity, equity and inclusion in the last few weeks after Trump took office. The new administration has taken steps to roll back DEI programs in the federal government and the private sector. Citigroup (NYSE: C ) dropped a requirement to have a diverse slate of candidates for job interviews, while Goldman Sachs ended its policy of taking public only those companies that have at least two diverse board members. "We've always been a bank of opportunity ... we've got a very diverse company in terms of representation from economic strata, all races and all ethnicities," BofA CEO Brian Moynihan told a conference earlier Tuesday. "Once they get in, the opportunity is there." Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people of color.