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Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Just two weeks into his presidency, the Trump administration has already decreed several executive orders to undo much of former President Joe Biden’s work in the past four years. As many predicted, President Donald Trump has come after DEI initiatives , signing an executive order to remove all DEI programs within the Federal government. Corporations like JP Morgan Chase & Co, Costco , and Goldman Sachs have all stated that they plan to retain their corporate DEI programs and continue with business as usual. However, other big retailers like Walmart , Meta, McDonald’s, and Target have rolled back their previous DEI promises in accordance with the Trump administration. In recent years, corporate DEI initiatives have faced increasing attacks, with right-wing critics arguing that efforts to promote diversity are discriminatory against white people. Many corporations began implementing diversity,...
About one month ago, financial experts predicted that President Joe Biden would sign a cryptocurrency executive order. The goal, according to Yahoo Finance, was to pave the way for the regulation and the adoption of the popular decentralized form of payment. On March 9, 2022, Biden’s cryptocurrency executive order was finally signed, sealed, and delivered to the American people. According to Treasury Secretary Janet Yellen, the effort will “promote a fairer, more inclusive, and more efficient financial system,” per the Associated Press. In the same breath, Secretary Yellen says that she hopes the measure will counter any illicit use of the popular coins — and illicit use, she says, is tantamount to the country’s financial instability and a threat to national security. The Biden administration also says that the exploding popularity of cryptocurrency has inspired the President to pass the order. All of that is really nice political window-dressing, to be sure. But what does it all...