President Donald Trump's war on diversity, equity, and inclusion just got the green light from a federal appeals court.On Friday, a three-judge panel from the 4thPresident Donald Trump's war on diversity, equity, and inclusion just got the green light from a federal appeals court.On Friday, a three-judge panel from the 4th

'Sinister story': Obama-appointed judge reluctantly backs Trump's war on DEI

2026/02/07 06:52
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump's war on diversity, equity, and inclusion just got the green light from a federal appeals court.

On Friday, a three-judge panel from the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, struck down a lower court injunction that would have blocked the administration's sweeping executive orders eliminating DEI programs across federal agencies and government contractors, Reuters reported.

The ruling marks a major victory for Trump, who signed the orders shortly after taking office last year. Baltimore, the National Association of Diversity Officers in Higher Education, and the American Association of University Professors had sued to block the directives, arguing they violated First Amendment free speech protections and Fifth Amendment due process rights.

Judge Albert Diaz, writing for the panel, ruled the challenge premature.

"President Trump has decided that equity isn't a priority in his administration and so has directed his subordinates to terminate funding that supports equity-related projects to the maximum extent allowed by law," Diaz wrote. "Whether that's sound policy or not isn't our call."

In a concurring opinion, Diaz, an Obama appointee, admitted he reached his conclusion "reluctantly," citing what he called a "sinister story" of programs being terminated by keyword.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.014
$3.014$3.014
+1.10%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Solana Pushes Into South Korea With Bold New Corporate Treasury Plan

Solana Pushes Into South Korea With Bold New Corporate Treasury Plan

The move will be executed through the purchase of a local publicly listed company, according to sources familiar with the […] The post Solana Pushes Into South Korea With Bold New Corporate Treasury Plan appeared first on Coindoo.
Share
Coindoo2025/09/22 20:35
First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

The post First Multi-Asset Crypto ETP Opens Door to Institutional Adoption appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) has officially approved the Grayscale Digital Large Cap Fund (GDLC) for trading on the stock exchange. The decision comes as the SEC also relaxes ETF listing standards. This approval provides easier access for traditional investors and signals a major regulatory shift, paving the way for institutional capital to flow into the crypto market. Grayscale Races to Launch the First Multi-Asset Crypto ETP According to Grayscale CEO Peter Mintzberg, the Grayscale Digital Large Cap Fund ($GDLC) and the Generic Listing Standards have just been approved for trading. Sponsored Sponsored Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi #crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano#BTC #ETH $XRP $SOL… — Peter Mintzberg (@PeterMintzberg) September 17, 2025 The Grayscale Digital Large Cap Fund (GDLC) is the first multi-asset crypto Exchange-Traded Product (ETP). It includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). As of September, the portfolio allocation was 72.23%, 12.17%, 5.62%, 4.03%, and 1% respectively. Grayscale Digital Large Cap Fund (GDLC) Portfolio Allocation. Source: Grayscale Grayscale Investments launched GDLC in 2018. The fund’s primary goal is to expose investors to the most significant digital assets in the market without requiring them to buy, store, or secure the coins directly. In July, the SEC delayed its decision to convert GDLC from an OTC fund into an exchange-listed ETP on NYSE Arca, citing further review. However, the latest developments raise investors’ hopes that a multi-asset crypto ETP from Grayscale will soon become a reality. Approval under the Generic Listing Standards will help “streamline the process,” opening the door for more crypto ETPs. Ethereum, Solana, XRP, and ADA investors are the most…
Share
BitcoinEthereumNews2025/09/18 13:31
Pump.fun (PUMP) Has Spiked by 200%: Can the Rally Survive?

Pump.fun (PUMP) Has Spiked by 200%: Can the Rally Survive?

Between July and now, the price of Pumpfun (PUMP) has spiked by more than 200%. The rally has been strong, and the sentiment is still high. However, do we expect to continue seeing these highs, or is the price showing signs of crashing already? We will consider this by taking insights from a video by
Share
Coinstats2025/09/18 01:30

Trade GOLD, Share 1,000,000 USDT

Trade GOLD, Share 1,000,000 USDTTrade GOLD, Share 1,000,000 USDT

0 fees, up to 1,000x leverage, deep liquidity