Report Indicates Black Businesses May Face Reduced Access to Federal Contracts Under New DEI Order
A report by Onyx Impact suggests that President Trump's DEI order may reduce access to federal contracts for Black businesses, which currently receive only 1.2% of federal contract funds. The report highlights the potential economic impact on Black communities, with $9.3 billion at risk of being lost from Black wealth generation.
Topics: Black businesses DEI policies equity policies federal contracts Trump administration