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All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>Bahnsen Group founder and managing partner David Bahnsen joins ‘The Big Money Show’ to discuss companies reversing course on DEI and ESG investing, UFC CEO Dana White joining Meta's board and the ongoing California wildfires. <br>President <a href="https://www.foxnews.com/category/person/donald-trump" target="_blank" rel="noopener">Donald Trump</a> on Monday signed an executive order ending diversity, equity and inclusion (DEI) programs in the federal government, and the Federal Communications Commission (FCC) on Tuesday carried out that directive after the change in presidential administrations.<br>FCC Chairman Brendan Carr said in a post on X he is "ending the FCC's promotion of DEI and will focus our work on competently carrying out the FCC's statutory mission." Carr added that the FCC will no longer include the promotion of DEI in the agency's strategic plans.<br>Carr explained the reasoning for ending the agency's <a href="https://www.foxbusiness.com/category/fox-news-diversity" target="_blank" rel="noopener">DEI programs</a> in a statement released by the FCC and said, "Promoting invidious forms of discrimination runs contrary to the Communications Act and deprives Americans of their rights to fair and equal treatment under the law.<br>"It also represents a wasteful expenditure of taxpayer resources. Nonetheless, the FCC joined other private and public sector institutions in promoting discriminatory DEI policies during the Biden administration. The FCC did so by embedding DEI in its strategic priorities, budget requests, advisory groups, rulemaking proceedings and many other components of its official work." <br><a href="https://www.foxbusiness.com/markets/dei-dying-heres-list-companies-have-rolled-back-woke-policies" target="_blank" rel="noopener"><strong>IS DEI DYING? HERE'S THE LIST OF COMPANIES THAT HAVE ROLLED BACK THE 'WOKE' POLICIES</strong></a><br><span>FCC Chairman Brendan Carr announced the end of the agency's DEI programs the day after Trump took office.</span><span> (Jonathan Newton/Pool/AFP via Getty Images / Getty Images)</span><br>"Yesterday, <a href="https://www.foxbusiness.com/category/donald-trump" target="_blank" rel="noopener">President Trump</a> took quick and decisive action that will end the radical and wasteful DEI programs that have spread across the government," Carr wrote in a statement released by the FCC. "President Trump's leadership on this will deliver great results for the American people as agencies act pursuant to his executive order."<br>Among the DEI initiatives Carr is eliminating at the FCC is its promotion within the agency's strategic plan, in which the promotion of DEI was listed as the regulator's second-highest strategic priority.<br><a href="https://www.foxbusiness.com/politics/mark-zuckerberg-blamed-sheryl-sandberg-meta-inclusivity-push-report" target="_blank" rel="noopener"><strong>MARK ZUCKERBERG BLAMED SHERYL SANDBERG FOR META 'INCLUSIVITY' PUSH: REPORT</strong></a><br><span>The FCC had several DEI initiatives to eliminate or rescind after the Trump administration took office.</span><span> (Andrew Harrer/Bloomberg via Getty Images / Getty Images)</span><br>During the <a href="https://www.foxbusiness.com/category/joe-biden" target="_blank" rel="noopener">Biden administration</a>, the FCC also signaled to Congress in its annual budget requests it would use appropriated funds to promote DEI, requests that will now be left out of future requests.<br>The <a href="https://www.foxbusiness.com/category/fox-news-fcc" target="_blank" rel="noopener">FCC's DEI advisory group</a> and a cross-agency group known as the Digital Discrimination Task Force will also be disbanded.<br>Additionally, the FCC's equity action plan will be rescinded, and a directive tasking the FCC's advisory committees to promote DEI will be revoked.<br><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE</strong></a><br>DEI will also be eliminated from the FCC's annual performance plans, along with its economic reports.<br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time. <br> Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy">Legal Statement</a>. <br>This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. 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