Economic Policy
Op-Ed: The Hollowing Out of America’s Only Agency for Minority Business
October 30, 2025
Authors Dedrick Asante-Muhammad, Joint Center President, and Eric Morrissette, Joint Center Senior Fellow penned an op-ed on the recent action to deliberately dismantle the Minority Business Development Agency (MBDA), the authors discuss the implications of this action for business owners, workers, and others, and outline a path forward.
From the op-ed: “The MBDA is not a bureaucratic relic; it was a rare glimmer of bipartisan progress during the civil rights era and remains the only federal agency devoted to expanding opportunity for entrepreneurs who have historically been locked out of capital markets, contracting networks, and investment pipelines. Its deliberate dismantling is both a moral failure and an economic crisis.”
The essay was published in Word in Black, Other Words, AFRO, Black Press USA, Counter Punch, and the Washington Informer.
