House Oversight Now Targeting McKinseys Flawed DEI Reports

Researchers assessing McKinseys DEI reports have been unable to replicate the results, and suggest that McKinsey likely swapped the cause and effect in its DEI conclusions. The broad implementation of discriminatory DEI hiring and promotion practices has cost the U.S. economy billions of dollars in foregone revenue, including roughly 94 billion in just 2023 alone. McKinsey continues to stand by its findings, even though no such correlation between a companys racial and gender diversity and its financial performance exists. While the Civil Rights Act of 1964 prohibits discrimination based upon race and sex, McKinseys DEI reports encourage companies to discriminate in that way, and are ultimately based upon unverified and questionable data. This letter is part of the Task Forces larger investigation into harmful DEI practices and its commitment to rooting them out of American industries and institutions.