DOJ Settles With PayPal Over Minority Business Fund
The Spin
Pro-government narrative
PayPal's settlement is yet another win in the Trump administration's campaign against unlawful corporate DEI practices. From the very beginning, the fund was flat-out illegal, violating the Equal Credit Opportunity Act. Scrapping this discriminatory scheme, therefore, was essential, while its replacement will provide genuine support for small businesses without the racial preferences.
Government-critical narrative
The administration's deliberate and relentless targeting of DEI practices is part and parcel of Trump's discriminatory brand of politics. Ignoring the well-documented racial gaps in hiring, lending and wealth-building, this hostile stance doesn't seek to address the inequalities inherent in American society, but rather cement them, to the detriment of minorities across the country.