On Wednesday, May 2, CEOs and senior staffers at financial giants like Barclays, Deutsche Bank, Goldman Sachs, Credit Suisse and HSBC will meet in New York to discuss realizing true LGBT equality. George Stephanopoulos moderates the second annual Out on the Street Leadership Summit at Bank of America Merrill Lynch’s headquarters, where speakers include Goldman Sachs chairman Lloyd Blankfein; Bank of America CEO Brian Moynihan; former GOP operative Ken Mehlman, and Lynn Utter, president of Knoll Furniture.
We know we’re supposed to hate Wall Street but these folks have sooo much money—and the movement could really use the cash!
The daylong event will focus on what role LGBT equality “can play in the retention of talent in the industry”—whether that’s providing spousal benefits, supporting LGBT employee groups or reimbursing LGBT employees to address tax inequalities.
via Top Wall Street Execs Meet To Discuss LGBT Equality In Corporate America / Queerty.
In a blow to activists in the gay community, White House officials say that no executive order is likely forthcoming to address discrimination on the basis of sexual orientation among federal contractors.
“While it is not our usual practice to discuss executive orders that may or may not be under consideration, we do not expect that an executive order on LGBT non-discrimination for federal contractors will be issued at this time. We support legislation that has been introduced and we will continue to work with congressional sponsors to build support for it,” a senior administration official said.
“We are deeply committed to working hand-in-hand with the LGBT community to enlist support from key stakeholders and other decision-makers, and to continue to engage with and educate the business community and the public more broadly about the importance of employment nondiscrimination and the importance of passing ENDA,” the official said.
Activists have been pushing the White House to issue an executive order prohibiting discrimination on the basis of sexual orientation and gender identity among federal contractors. One same-sex couple held a press conference right before the White House Easter Egg roll, hoping to spur the administration to action. Reports in January indicated that the Department of Labor and the Department of Justice had both approved of a draft
via Obama won’t sign gay nondiscrimination order – POLITICO.com.