Vice President Harris Announces Slate of Actions to Help Black and Minority-owned Small Businesses
October 6, 2022
Vice President Kamala Harris used her time at Freedman's Bank Forum to announce new public and private-sector efforts to advance racial equity.
Harris said the administration recognizes the continued difficulty that Black-owned businesses have in finding funding.
She acknowledged that they routinely are the first to suffer during an economic downturn.
Among a slate of new actions by the Biden-Harris administration, the vice president announced that the Small Business Administration (SBA) would propose a rule this fall to expand its lender base by lifting the moratorium on new Small Business...