President Donald Trump has said it more than once—the Consumer Financial Protection Bureau is no more. Calling it “the ultra-left CFPB,” Trump said he moved to shut down the agency after receiving calls from bankers and loan officers who were “almost crying” over its regulations.

The retreat from diversity, equity, and inclusion (DEI) initiatives continues to gain momentum, with consulting firms increasingly joining the exodus. The latest to follow suit is consulting giant KPMG,

Vincent Mortier, chief investment officer of Amundi, which manages 2.2 trillion euros ($2.312 trillion) in assets, called the move “a big, big mistake” in an interview with the Financial Times, saying that the proper functioning of U.S. markets depends fundamentally on trust from investors.

The plaintiffs argued that the president’s edicts against diversity, equity and inclusion initiatives exceeded his authority and violate their constitutional right to due process.

Auto manufacturers may be facing a manufacturing dilemma as President Donald Trump‘s proposed tariffs threaten to upend global production strategies, potentially reshaping an industry that imported roughly half of the 16 million vehicles sold in the U.