The dismantling of the Minority Business Development Agency — the nation’s only federal agency dedicated to supporting minority and other disadvantaged entrepreneurs — threatens millions of small businesses that rely on its technical assistance and capital access. As the 47th president’s administration hollows out the agency’s remaining staff and infrastructure, experts warn that its loss would deepen economic inequities and undermine U.S. competitiveness.
Tag: Dedrick Asante-Muhammad
Posted inPolitics
47th president’s attacks on the Fed fit a troubling pattern
The 47th president’s attempt to oust Federal Reserve Gov. Lisa D. Cook threatens the Fed’s independence and continues a troubling pattern of undermining Black leadership in public institutions. Dedrick Asante-Muhammad warns that such attacks destabilize democracy and risk erasing hard-won gains in representation and trust.
Posted inBUSINESS
Black wealth infrastructure as a safety net
Federal layoffs and industry cuts leave Black families most vulnerable to housing and income loss. Here are some things you should know about asset-building programs and fair lending reforms that offer pathways to lasting Black wealth and resilience.
Posted inAfro Briefs
Congressional Black Caucus Foundation and the Joint Center release Black Policy Playbook
The Congressional Black Caucus Foundation and Joint Center for Political and Economic Studies have published a policy playbook to provide evidence-based solutions to address issues affecting Black communities.
Posted inCommentary
Election reflection: A chance for a more inclusive government
The Joint Center for Political and Economic Studies is advocating for greater African American representation within the executive branch of government, arguing that it is essential for a government equipped to address disparities in economic opportunity, health and social justice.
Posted inOpinion
The paradox of progress for Black Americans
Despite record-breaking economic numbers, African Americans are still mired in great economic insecurity, with record low unemployment rates, record low poverty rates, record high income levels, and new heights of wealth, but still facing Black/White economic inequality.