PayPal and the Department of Justice have agreed to a settlement concerning the company’s 2020 DEI initiative, which invested in Black and minority businesses. PayPal is required to launch a new Small Business Initiative that excludes characteristics such as race, according to a press release. “This Department of Justice is delivering on President Trump’s vow to root out illegal DEI from every corner of corporate America,” said Acting Attorney General Todd Blanche. PayPal’s settlement with the Department of Justice In 2020, PayPal announced the discriminatory Economic Opportunity Fund, which provided $530



