The Verizon logo is displayed on the exterior of a Verizon store. The FCC approved its $20 billion deal to buy Frontier Communications, a day after Verizon told the U.S. regulator that it would end many of its diversity-related policies.

Verizon's decision is an example of how the private sector is responding to pressure from the Trump administration to stamp out DEI programs.

Verizon Communications Inc. won Federal Communications Commission approval for its $9.6 billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands to pare back diversity initiatives in line with President Donald Trump’s policies.