Op-Ed: CalPERS committed $21 billion to diversity. It still can’t say if it paid off

Federal contractors had until July 24 to certify they don’t run illegal DEI programs or risk the fate of IBM, which paid $17 million in May to settle the first case brought under the Justice Department’s Civil Rights Fraud Initiative. Every institution that touches federal money has had to answer, under oath and under the threat of treble damages, whether its diversity policies are legal.