Story perspectives

Trump-Backed DOJ Forces PayPal to Drop Small-Biz Fees

5/14/2026

Summary

Story summary

The U.S. Department of Justice settled with PayPal, ending a probe into its $530 million Economic Opportunity Fund and requiring the company to waive processing fees for small businesses under a Small Business Initiative.
Acting Attorney General Todd Blanche said the action fulfills President Donald Trump’s promise to eliminate “illegal DEI” from corporate America.
The settlement is portrayed as part of President Donald Trump’s campaign to dismantle diversity and minority-business initiatives.

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Story summary

The U.S. Department of Justice settled with PayPal, ending a probe into its $530 million Economic Opportunity Fund and requiring the company to waive processing fees for small businesses under a Small Business Initiative.
Acting Attorney General Todd Blanche said the action fulfills President Donald Trump’s promise to eliminate “illegal DEI” from corporate America.
The settlement is portrayed as part of President Donald Trump’s campaign to dismantle diversity and minority-business initiatives.