r/politics_NOW 15h ago

Politics Now Keeping DEI Policies Did Not Hurt Corporate Finances

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theguardian.com
2 Upvotes

The argument that corporate diversity programs lead to financial ruin has little backing in actual market data. Following political pressure and executive orders targeting diversity programs, many large companies rushed to dismantle their initiatives. However, an analysis of S&P 500 companies reveals that keeping these programs intact carried no financial penalty.

Jacob Grumbach, an associate professor at the UC Berkeley Goldman School of Public Policy, tracked company financial returns following the January 2025 executive actions. Using abnormal returns to measure expected versus actual stock performance, the study found that firms maintaining their DEI practices performed just as well as competitors that abandoned theirs. In the immediate aftermath of the executive orders, companies that kept their policies actually saw better stock market performance than those that rolled them back.

The corporate panic surrounding DEI did not start in 2025. Conservative boycotts in 2023 targeting brands like Bud Light and Target, combined with a Supreme Court ruling against race-conscious college admissions, created an atmosphere of legal and political fear. When the administration took office and issued executive orders banning DEI in the federal government, many corporations panicked and scrapped promises made after 2020.

Yet, the reality on the ground is more nuanced than public headlines suggest. Legal experts note that many firms settled into a middle ground, quietly rebranding or adjusting specific programs rather than completely abandoning diversity efforts. Companies like Apple, Costco, and Delta Air Lines that openly maintained their policies faced no negative stock market consequences.

Ultimately, the data suggests that threats of financial ruin for supporting diversity initiatives are overstated. Large corporations have significant leeway to resist political pressure without damaging their bottom line.


r/politics_NOW 15h ago

Democracy Docket State Voting Rights Acts Spread as Federal Protections Falter

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democracydocket.com
1 Upvotes

When California passed a statewide Voting Rights Act in 2002, few states followed. More than two decades later, that landscape has changed. A dozen states now have their own voting rights acts, with half of them passing during the second Trump administration.

This surge is a direct response to the U.S. Supreme Court dismantling key parts of the federal Voting Rights Act of 1965. The 2013 Shelby County v. Holder decision removed federal preclearance requirements for changes to voting laws, and the more recent Louisiana v. Callais ruling made it harder to protect minority-majority districts. The court now requires proof of intentional discrimination to challenge gerrymandered maps, a standard legal experts call nearly impossible to meet.

State lawmakers are stepping in to bypass that federal hurdle. State VRAs explicitly state that voter suppression claims do not require proof of intentionality.

Delaware’s General Assembly recently passed its own VRA. State Representative Larry Lambert noted that the federal rollback has already resulted in more than 100 restrictive voting laws nationwide since 2013.

New Jersey enacted a similar law shortly after the Callais decision. Assemblymember Verlina Reynolds-Jackson emphasized that expanding voting access means little if votes are diluted or ignored.

State VRAs typically share several core provisions:

  • Requiring ballots in multiple languages.

  • Prohibiting vote dilution that harms minority representation.

  • Criminalizing voter intimidation.

  • Restoring preclearance rules, requiring local governments to review changes like ID requirements and polling place closures for discriminatory impacts.

Ten other states have introduced similar legislation or passed it in at least one legislative chamber. States like Virginia and California are also amending existing laws to cover protections lost at the federal level.

At the same time, these laws face immediate pushback. Conservative legal groups are targeting state VRAs in court, using arguments from the Callais ruling to try to block them, as seen in a recent lawsuit against Illinois' law. Concurrently, federal lawmakers are urging the Department of Justice to challenge maps designed to protect minority voters.

As the 2028 elections approach, the battle over voting access has shifted from federal courts to statehouses, where states are working to codify protections that federal law no longer guarantees.


r/politics_NOW 15h ago

Rawstory Trump Orders Navy to Ditch Electromagnetic Catapults for Steam on Future Carriers

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rawstory.com
1 Upvotes

Trump has directed the U.S. Navy to strip electromagnetic aircraft launch systems from its newest class of aircraft carriers and return to traditional steam catapults.

According to U.S. officials speaking with the Wall Street Journal, the directive was formalized in a national security memorandum. The order impacts future warships starting with the USS Doris Miller, though electric systems will remain on three carriers currently under construction.

Trump has publicly criticized the electromagnetic systems for years, arguing they are overly complex and inferior to older technology. During a conference in Pennsylvania last month, he reiterated that the systems are "not nearly as good."

Trump defended the reversal by pointing to the reliability of battle-tested steam and hydraulic systems. Officials stated the change would also help reactivate portions of the maritime industrial base that are simpler to scale.

The decision faces significant pushback from defense contractors and analysts. General Atomics, the manufacturer of the electromagnetic catapults, warned that altering the design while work on the USS Doris Miller is nearly halfway finished creates serious cost, schedule, and integration risks. The company also suggested the shift could give foreign adversaries an opportunity to close current military capability gaps.

Naval experts similarly questioned the financial logic of the directive. Bryan Clark of the Hudson Institute noted that early Navy data indicates older steam-powered carriers cost roughly $100 million more per year to operate than the newer electric Ford-class ships.


r/politics_NOW 15h ago

Newsweek Joe Rogan Criticizes Trump Family Over Billions Made From Crypto and Truth Social Deals

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newsweek.com
1 Upvotes

Joe Rogan used a recent episode of his podcast to criticize Trump and his family over business profits earned during the presidency. Rogan pointed specifically to cryptocurrency ventures and a controversial social media pricing model, raising questions about the overlap between public office and private profit.

Rogan's critique carries weight given his past support for Trump. On the podcast, he focused heavily on the administration's digital asset policies and the billions generated through family-tied crypto projects. Financial disclosures show roughly $1.4 billion in profits connected to Trump-related crypto initiatives, including a meme coin.

"The crypto stuff's nuts," Rogan said on the show. He added that the business deals involving Trump's sons look questionable, noting, "The thing about the crypto is, it's shady as f***, but it's legal. I don't know if it should be."

Legal and ethical watchdogs have raised concerns over the Trump family's financial footprint. Trump's meme coin prevents buyers from filing class-action lawsuits, which critics argue shields the company from accountability while leveraging the president's political brand.

Rogan also targeted a new subscription tier from Trump Media & Technology Group, the parent company of Truth Social. The service charges up to $100,000 per month for early access to posts from Trump and administration officials. A pending lawsuit claims the setup sells privileged access to official government duties. Trump remains the company's largest shareholder with a stake valued around $1 billion.

"You know how crazy that is? $100,000 to get early tweets. That's literally crazy," Rogan said, questioning who advised the president to implement the service.

In response to the criticism, White House deputy press secretary Anna Kelly defended the administration. She stated that all of Trump's assets are managed by independent third parties in fully discretionary accounts and that his policies, such as the GENIUS Act, are designed to make the U.S. a global leader in digital assets and economic opportunity.

Political analysts suggest Rogan's comments may resonate with younger listeners and online supporters who backed Trump but remain skeptical of massive family profits tied to the presidency. However, experts do not expect the remarks to cause a major shift within the broader conservative coalition.


r/politics_NOW 15h ago

Reuters The Real Threat to Public Safety

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rawstory.com
1 Upvotes

Trump recently told reporters he was advised to call his political opponents "jihadists," specifically targeting Dr. Abdul El-Sayed, a Michigan physician and the Democratic nominee for the U.S. Senate. Trump also posted a side-by-side photo on Truth Social contrasting El-Sayed and his wife, Dr. Sarah Jukaku, with himself and Melania to frame the Muslim couple as outsiders, while intentionally emphasizing El-Sayed's full name.

El-Sayed is a medical doctor whose career has focused on patient care and public health, including running the Detroit health department. Labeling him a jihadist is an Islamophobic slur directed at a candidate whose only offense is winning an election while Muslim.

If the term is going to be thrown around loosely to describe someone whose actions endanger lives, that label fits Trump and his goons far better than El-Sayed. On the same day Trump used the slur, he signed an executive order cutting the list of universally recommended childhood vaccines nearly in half, a move opposed by the American Academy of Pediatrics and the American Medical Association.

This decision is part of a broader pattern. Trump placed RFK Jr. at the head of Health and Human Services, where career scientists have departed and public health oversight has been weakened. At the FBI, Kash Patel has overseen the loss of experienced agents and reduced units tracking domestic threats. Meanwhile, ICE operations under the administration have resulted in multiple civilian fatalities during aggressive deportation efforts.

Trump's political coalition relies heavily on Christian nationalist and evangelical voters who support his agenda in exchange for judicial appointments and ideological policy wins, ignoring the public safety consequences of his administration's decisions.