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Reading: PayPal Reaches $30M Settlement Over So-Called ‘DEI Program’ That Helped Black-Owned Businesses
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Tech Consumer Journal > News > PayPal Reaches $30M Settlement Over So-Called ‘DEI Program’ That Helped Black-Owned Businesses
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PayPal Reaches $30M Settlement Over So-Called ‘DEI Program’ That Helped Black-Owned Businesses

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Last updated: May 13, 2026 6:38 am
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The Trump regime’s war on anyone who’s not white continued apace on Tuesday, as the U.S. Department of Justice announced it has agreed to a settlement with PayPal over the company’s efforts to support Black and minority-owned businesses. PayPal was engaging in “illegal DEI,” according to the DOJ, which is code for helping anyone who isn’t a white man.

The DOJ probe of PayPal involved the company’s Economic Opportunity Fund, a $530 million program launched in 2020 to support Black and minority-owned businesses after the killing of George Floyd by a police officer in Minneapolis, Minnesota. Floyd’s gruesome death, captured in a viral video, set off a wave of protests about police brutality and the way that racial minorities are treated in the U.S.

DOJ announced Tuesday that PayPal will waive processing fees for some eligible small businesses engaged in farming, manufacturing, or technology, as well as some owned by military veterans. The new program is called the Small Business Initiative, and PayPal has agreed to waive processing fees on $1 billion in transactions, which will total about $30 million when all is said and done.

PayPal, which admitted no wrongdoing in the agreement, told Gizmodo in a statement Tuesday that it was excited to launch the new effort.

“For more than two decades, PayPal has helped small businesses start, scale, and thrive by expanding access to digital financial tools,” a spokesperson said. “We’re excited to launch the Small Business Initiative to infuse American small businesses with even more economic opportunity.”

PayPal’s pro-minority Economic Opportunity Fund was similar to other initiatives from many American companies that have now been put under a microscope by the White House and Trump’s minions. DOJ celebrated its victory Tuesday with a statement from Todd Blanche, the acting Attorney General and the former personal attorney of President Trump.

“This Department of Justice is delivering on President Trump’s vow to root out illegal DEI from every corner of corporate America,” said Blanche. “American corporations are on notice: you will face our aggressive enforcement if you use race or national origin to discriminate against qualified Americans.”

Trump bragged Monday during an event at the White House that Blanche had kept him out of jail during the Biden years when various institutions sought to hold Trump accountable for his many crimes.

The President has weaponized the federal government to go after his perceived enemies and has made every effort to purge the country of non-white people, including with roving gangs of masked men ostensibly working on immigration enforcement. The president has called India and China “hell-holes” and has frequently referred to Somali-Americans as “garbage,” saying he doesn’t want anyone from Somalia in our country.

Trump has also posted the Nazi mantra “If you import the Third World, you become the Third World,” something that anyone who’s spent time on X will likely recognize ever since Elon Musk bought the platform. The president’s entire agenda has been centered around tearing down anyone who isn’t white and restoring a white supremacist vision for America. Creating a program to help Black-owned businesses is not part of that vision.

Trump’s victory over PayPal is just one of many more battles that are likely to be pursued during the time that he has left in office. Just 984 days now. Not that we’re keeping count.

Read the full article here

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