Rep. Steven Horsford discusses CBC’s focus on public markets and venture capital

by MMC
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During its early years, the Congressional Black Caucus (CBC) presented recommendations to President Richard Nixon (R) to eradicate racism, provide blacks with quality housing, and ensure full engagement of blacks in the government.

The CBC’s Declaration of Black Independence and Black Bill of Rights would later emphasize employment, foreign policy, education, housing, drugs, prison reform, public health and the right to vote as important issues.

More than half a century later, these issues have taken on new life as conservatives have made considerable efforts to undo black legislative and judicial gains.

As more and more black people take up entrepreneurship, opposing forces even want to hinder progress in this field, as the lawsuit filed by the American Equal Rights Alliance against the capital company shows. black women-owned venture, Fearless Fund.

That’s why the CBC has redoubled its efforts to push back against civil rights violations at the state and federal level, while placing black economic prosperity on its long-term agenda.

At the Congressional Black Caucus Foundation’s annual legislative conference, economic empowerment will be among the multitude of topics discussed at the forums. This comes as reports on nonfarm wages show a gradual increase in Black unemployment at a time when overall unemployment in the United States is falling.

Rep. Steven Horsford (D-Nev. 4th District), CBC chairman, told The Informer that delivering on the Black economic agenda involves expanding workforce development and entrepreneurship opportunities in the states -United States, the Caribbean and Africa.

Horsford said that also means focusing on jurisdictions where Black people are disconnected from good-paying jobs.

He alluded to CBC/Radio-Canada’s focus on public procurement, access to small business administration tools and resources and expanding access to venture capital.

“We understand that when you lift up black people, you lift up everyone,” Horsford said.

“We will shine a light on these areas while speaking out and naming the people and groups who stand in the way of our freedoms, rights and democracy and help people realize the power they have to push back against these efforts. “

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