financetom
Business
financetom
/
Business
/
Costco Wholesale Faces Republican Pressure to Roll Back Diversity Policies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Costco Wholesale Faces Republican Pressure to Roll Back Diversity Policies
Jan 28, 2025 5:28 AM

08:14 AM EST, 01/28/2025 (MT Newswires) -- Costco Wholesale ( COST ) is facing pressure from 19 Republican state attorneys general to abandon its diversity, equity, and inclusion policies, news outlets reported Tuesday.

The state prosecutors warned in a letter to Costco Chief Executive Ron Vachris that his company was doubling down on policies that risk violating federal law, Reuters reported.

They demanded Costco notify states within 30 days whether or not it will repeal its diversity rules, Reuters said.

The letter came days after Costco shareholders overwhelmingly voted to refrain from commissioning a report on the risks of its DEI policies.

Costco did not immediately respond to MT Newswires' request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved