Press Release

Black Economic Alliance Statement on MBDA Ruling

By Black Economic Alliance |
Business colleagues working on laptop in the office



WASHINGTON, D.C.   – Today, the Black Economic Alliance, a coalition of Black business leaders and aligned advocates committed to advancing work, wages, and wealth for the Black community, released the below statement from CEO Samantha Tweedy on a U.S. District Court judge’s ruling that the Minority Business Development Agency (MBDA) must serve all races:

“The MBDA provides advice and support tailored to the unique challenges Black- and other minority-owned businesses face. Suggesting the agency should support all businesses, whether or not they face those challenges, will result in an MBDA unable to support diverse business owners navigating an economic system that research shows is riddled with racial bias. 

“We know that is the goal of many who seek to claw back the pathways to economic progress open to the Black community, which is why Congress and the administration must step in to protect the vital role of the MBDA.”  


About the Black Economic Alliance 

The Black Economic Alliance is a coalition of Black business leaders and aligned advocates committed to driving economic progress for the Black community through public policy, advocacy, and engagement with government and business leaders. Led by a board that includes executives from a range of industries, including media, finance, pharmaceutical, nonprofit, and tech, BEA uses its collective power and business acumen to advance policies that will improve work, wages, and wealth for Black Americans. |