TodaySunday, June 14, 2026

Laverne Cox Says She Has ‘Lost So Much Money’ Since Trump Administration Killed DEI — and Has Been Forced to Dip Into Retirement Savings

The Orange Is the New Black star, who broke through at 40 with no savings, says Trump's anti-DEI push has dried up college speaking engagements and frightened off corporate partnerships.
June 14, 2026
Laverne Cox in a June 2026 Deadline interview about financial losses from the Trump administration's anti-DEI policies
Laverne Cox. [Image Source: Deadline]

Laverne Cox has disclosed that the Trump administration’s dismantling of DEI programmes has cost her significant income over the past year — forcing her to draw down retirement savings she only recently began to accumulate after breaking through as an actress at the age of forty.

Speaking to Deadline in an interview published Friday, Cox was direct about the financial toll: “I’ve lost so much money because of this administration, the past year.”

Laverne Cox photographed at the 2025 Emmy Awards, as featured in Attitude magazine's June 2026 cover feature
Laverne Cox at the Emmy Awards, 2025. [Image Source: Attitude/Sequoia Emmanuelle Photography]

Cox, who starred in Netflix’s Orange Is the New Black from 2013 to 2019 and was 40 when she booked that breakthrough role, said she previously carried student loan debt and had no savings or retirement fund before the show’s success. The collapse of DEI-linked speaking and branding income has directly reversed those hard-won gains: “I managed to stay busy with acting and branding work, as well as speaking engagements. But I never thought college speaking gigs would dry up.”

Corporate reluctance, she said, is driven primarily by fear of the administration rather than explicit instruction: “This administration is very punitive with anything that suggests DEI or gender ideology, and corporations have been very scared.” The consequence has been a forced withdrawal from hard-won financial security: “The past year or two, I’ve had to dip into savings and my retirement fund. So, the blessing is that I finally have the privilege to have a retirement fund to dip into, but you don’t really want to do that.”

Cox has been among the most consistent and prominent celebrity voices speaking out against the Trump administration’s approach to trans rights and identity. At the SCAD TVfest in February 2025, she accepted the Impact Award and warned that the administration was “committed to eradicating trans people from public life.” Friday’s Deadline interview extends that public advocacy into the economic register — naming specifically the financial cost of remaining publicly associated with causes that corporations have concluded are politically dangerous to align with under the current administration. Her memoir Transcendent was published in the United States on June 9, 2026.

It has been a week of candid reflections from Hollywood figures on pay and professional inequality. Anna Faris spoke about decades of below-market pay in the Scary Movie franchise, describing years of never receiving “a male-comparative paycheck,” while Dennis Quaid, who relocated from Los Angeles to Nashville in 2020, told Fox News that the city had “gone downhill,” with rising taxes no longer funding working public services.

Internet Desk

Internet Desk

The Internet Desk leads The Eastern Herald's coverage of United States politics, the Trump White House, NATO, and breaking global news. The desk has reported continuously on the second Trump administration since January 2025 and verifies through White House statements, court filings, and named primary sources.

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