• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
NewslettersraceAhead

Citigroup stands out in Congress’s diversity report on the banking industry

Ellen McGirt
By
Ellen McGirt
Ellen McGirt
Down Arrow Button Icon
Ellen McGirt
By
Ellen McGirt
Ellen McGirt
Down Arrow Button Icon
February 21, 2020, 1:44 PM ET
Add Fortune on Google for similar content.

Citigroup impresses Congress with its diversity plan, how Google’s employee revolt fell short, and Florida is one step closer to restoring voting rights for the formerly incarcerated.

But first, here’s your week in review in Haiku.

Reparations for
Jalaiah, a Renegade
hip-hop solution

Stopped-and-frisked minding
his own big business, since he 
met the description

A POTUS pal and
showman gets jail time
was the judge’s decision

Blagojevich will
stay sprung if he can handle
court supervision

A system rigged and
ready to fail. Will we
find absolution?

Have an absolutely fantastic weekend.

Ellen McGirt
@ellmcgirt
Ellen.McGirt@fortune.com

On Point

Citigroup one of the few bright spots in a banking industry diversity report The U.S. House Committee on Financial Services released a report this month analyzing the diversity data and policies of 44 financial institutions with $50 billion or more in assets. Diversity and Inclusion: Holding America’s Large Banks Accountable breaks down the lack of diversity in the financial services industry, in the workforce, at the board level and supplier networks:

  • Overall, Black and Latinx talent comprise 4% or less of banks' executive and senior level employees and 6% or less of first and mid-level leadership employees,
  • and women made up only about 29% of their executive and senior-level workforce.
  • Among the few outliers in the report is Citigroup, which is using a Rooney Rule-like strategy to meet a goal of having 40% of assistant vice president and above roles filled by women by the end of 2021.

HR Dive

The end of the great Google revolt Last November, Google fired four employees who had been persistent activists for change within the search giant. One is transgender and was undergoing a medical transition. The four had been part of a vocal group who had been lobbying for the company for changes; to address a “tech-bro” culture, but also asking tough questions about the kinds of impact Google projects were having in the world —  like a contract with the U.S. Defense Department to improve a drone warfare program. While they wanted to save the world from Google, “[t]hey were also organizing to save themselves from Google, where those who didn’t fit the mold of the straight, white, male techie felt they could be too easily marginalized or dismissed,” says Noam Scheiber and Kate Conger in this must-read look at a culture in turmoil.
New York Times Magazine

Oklahoma tribes feud with the state’s Cherokee governor Nearly all of Oklahoma’s 39 tribal nations are united against Governor Kevin Stitt, who promised during his campaign that his association with Cherokee Nation would help him better understand and advocate for Native issues. Instead, one of his first acts was to threaten to hike the fees the tribes pay to run their profitable casinos, prompting an immediate outcry. Tribal nations are a product of genocide and forced relocation, and the perceived betrayal has surfaced longstanding and painful issues. “I don’t think he can spell sovereignty,” says John Berrey, chairman of the Quapaw Nation. Now, Cherokee Nation is collecting signatures for a petition to remove Stitt’s citizenship.
New York Times and High Country News 

A step closer to voting rights for certain Florida ex-felons A three-judge panel of the U.S. Court of Appeals for the 11th Circuit found that a legislative measure requiring ex-felons to pay all of their “legal financial obligations,” like court fines and fees before they could resume voting, violates the Constitution’s guarantee of equal protection under the law. Florida’s S.B. 7066 was passed in response to a measure approved by Florida voters in 2018 that restored voting rights to some 1.4 million former felons. While the governor has vowed to appeal the decision, the ruling sent a ripple of hope to voting-rights activists in other states.
Washington Post

On Background

Forgetting the hunger In this poignant essay, Paul Nezaum Saiedi reflects on his fraught journey to gastric sleeve surgery, and how his changed relationship with food also changed his relationship with himself. By the time we meet him post-surgery, he is in a mood to reflect on “[a] messy and pleasurable affair between the curves of what my mother referred to as my ‘husky’ body growing up, the bliss of consumption, and the emotional residue (both joyous and vile) of being a fat queer.” Forgetting food, which was impossible to eat after surgery, became an exercise in accepting the person who longed for comfort in a body that never quite fit. “Forgetting food ushered an introduction to a clear version of myself, one undone, naked, and at peace.”
Colorbloq

On the trailblazing feminism of Ja’Net DuBois Watching Good Times in the 1970s, I was left with the vague notion that if I grew up to be some version of Willona Woods, the outspoken, independent and funny neighbor who lit up a room like a supernova, I would have turned out alright. She was the type of Black character I hadn’t seen before and she seemed like a good option. “My job as Willona was to make it right, fast and funny,” DuBois once said in an interview. “It was a wonderful thing that happened. It changed the scene for the type of black woman being shown. The wigs, the hats, my everything was a dream come true.” DuBois died recently at 74 (or maybe older), but she left Black folk with an enduring, aspirational anthem: She co-wrote “Moving on Up,” the theme song for the hit show The Jeffersons.
The Undefeated

How to “replace” your manager If you’ve got a manager who won’t give you constructive feedback, help you map out a career plan, or even help you deal with thorny workplace issues, then manager coach Lara Hogan suggests you replace them with a volunteer or two or five. A diverse crew of manager-peers from across your organization can be valuable replacements for the coaching that your official (and perhaps overloaded) manager may be unable to provide. She has practical advice on how to assemble your squad, and how to structure your interactions. Look to fill in your own leadership blanks by recruiting people who “will push you out of your comfort zone; have different levels of experience than you; have experience in a different industry; are good at the things that you’re terrible at,” she says.
Lara Hogan blog

Tamara El-Waylly produces raceAhead and manages the op-ed program.

Quote

"I want to point out first that I am very happy to be here this evening and I'm thankful [to the Afro-American Broadcasting Company] for the invitation to come here to Detroit this evening. I was in a house last night that was bombed, my own. It didn't destroy all my clothes, not all, but you know what happens when fire dashes through -- they get smoky. The only thing I could get my hands on before leaving was what I have on now. It isn't something that made me lose confidence in what I am doing, because my wife understands and I have children from this size on down, and even in their young age they understand. I think they would rather have a father or brother or whatever the situation may be who will take a stand in the face of any kind of reaction from narrow-minded people rather than to compromise and later on have to grow up in shame and in disgrace. So I just ask you to excuse my appearance. I don't normally come out in front of people without a shirt and a tie.”

—From  Malcolm X’s last speech, February 14, 1965. He was murdered on February 21, 1965.

About the Author
Ellen McGirt
By Ellen McGirt
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Coworkers watching World Cup at a bar
NewslettersFortune Workplace Innovation
How smart employers are turning the World Cup into a workplace win
By Emma BurleighJune 29, 2026
2 hours ago
The sell-off in Strategy’s preferred stock has investors questioning everything
NewslettersFortune Crypto
The sell-off in Strategy’s preferred stock has investors questioning everything
By Ben WeissJune 29, 2026
3 hours ago
As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test
C-SuiteNext to Lead
As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test
By Ruth UmohJune 29, 2026
4 hours ago
CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher
NewslettersCEO Daily
CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher
By Diane BradyJune 29, 2026
5 hours ago
The Google Midlothian Data Center in Midlothian, Texas, on Friday, Nov. 14, 2025. Alphabet's Google plans to invest $40 billion in three new Texas data centers. (Photo: Jonathan Johnson/Bloomberg/Getty Images)
NewslettersFortune Tech
Google: Thank you Meta! But your AI capacity is in another data center!
By Andrew NuscaJune 29, 2026
6 hours ago
Fortune Archives: “Irrational exuberance”: Alan Greenspan’s warning, then and now
NewslettersFortune Archives
Fortune Archives: “Irrational exuberance”: Alan Greenspan’s warning, then and now
By Joey AbramsJune 28, 2026
1 day ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
4 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
2 days ago
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
Success
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
By Orianna Rosa RoyleJune 28, 2026
1 day ago
Cristiano Ronaldo is soccer's first-ever billionaire: He went from begging for burgers outside McDonald's to landing a $400 million contract
Success
Cristiano Ronaldo is soccer's first-ever billionaire: He went from begging for burgers outside McDonald's to landing a $400 million contract
By Preston ForeJune 28, 2026
1 day ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
1 day ago
Iran is forcing the U.S. into an escalation trap as a 'shadow war' over the Strait of Hormuz heats up that could kill the tenuous ceasefire
Politics
Iran is forcing the U.S. into an escalation trap as a 'shadow war' over the Strait of Hormuz heats up that could kill the tenuous ceasefire
By Jason MaJune 28, 2026
21 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.