Trending Now - Paypal Settles DOJ Investigation With $30M Fee Waiver for Minorities

WHO:

ABC News - PayPal, Department of Justice (DOJ)

Techmeme - PayPal, Trump administration

WHAT:

ABC News - The DOJ has reached a deal with PayPal over an investigation into its minority-owned business program.

Techmeme - PayPal agreed to forgo approximately $30 million in transaction fees to end a DOJ probe into allegations of unlawful preferences for minority-owned businesses.

WHY:

Engadget - The settlement is part of ongoing federal actions against corporate Diversity, Equity, and Inclusion (DEI) initiatives.

Techmeme - The case is part of the Trump administration's campaign against corporate Diversity, Equity, and Inclusion (DEI) initiatives.

(UPDATED May 12, 2026 23:23 UTC)

A significant settlement has emerged as part of ongoing federal actions targeting corporate Diversity, Equity, and Inclusion initiatives. This development highlights the increasing scrutiny these programs are facing in the current regulatory environment. As these actions unfold, they could reshape how companies approach DEI efforts moving forward.

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(UPDATED May 12, 2026 19:33 UTC)

The Department of Justice has reached a deal with PayPal to conclude an investigation into its minority-owned business program. As part of this agreement, PayPal will forgo approximately $30 million in transaction fees to resolve allegations of unlawful preferences for minority-owned businesses. This case is linked to the Trump administration's broader campaign against corporate Diversity, Equity, and Inclusion initiatives.