Costco Takes Stand Against Donald Trump [Video]

Costco Wholesale shareholders overwhelmingly rejected a proposal that had urged it to evaluate the risks of maintaining its diversity, equity and inclusion initiatives after President Donald Trump moved to dismantle DEI efforts nationwide since taking office earlier this week.

Newsweek has contacted Costco and the White House for comment via email.

Why It Matters

Trump signed an executive order on Monday that ordered a sweeping dismantling of the federal government’s diversity and inclusion programs. The Trump administration is also targeting private companies that pursue training and hiring practices that conservative critics consider discriminatory against nonminority groups.

The president signed an executive order on Tuesday that seeks to deter private companies from using DEI programs, which it called “illegal DEI discrimination.” It directs federal agencies to investigate private companies and compile a report outlining a plan “of specific steps or measures to deter DEI programs or principles,” including that each agency identify up to nine publicly-traded …