Warren, Pressley discuss efforts to shrink racial wealth gap – Boston Business Journal

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POWER PLAYERS TALK BUSINESS
A roundtable discussion featuring US Senator Elizabeth Warren and Representative Ayanna Pressley highlighted the importance of supporting Black entrepreneurs and businesses.

– Warren and Pressley, both Massachusetts Democrats, participated in a roundtable organized by the Black Economic Council of Massachusetts (BECMA).
– The discussion focused on the Building On-ramps for Small Businesses (BOSS) Act, legislation aimed at increasing federal contracting opportunities for small businesses.

KEY POINTS
– Warren and Pressley emphasized the importance of economic equality and the role of small businesses in driving the economy.
– The BOSS Act, introduced by Pressley, aims to expand access to federal contracts for small businesses, particularly those run by women and people of color.

IMPACT ON COMMUNITY
– The proposed legislation could significantly boost the profitability and sustainability of small businesses, which are vital to the economy’s health.
– The roundtable offered a platform for Black entrepreneurs to discuss the challenges they face and the support they need.

TOPICS COVERED
#BOSSAct #SmallBusiness #EconomicEquality

NOTE
The Bizjournals.com Boston covers local business news and provides analysis and perspectives important to Boston’s business leaders. This piece offers an insight into the legislative efforts to support small businesses, particularly those owned by people of color.

Learn more — read the article in full here.

More Sen. Warren News

title words as hashtags: #Warren #Pressley #discuss #efforts #shrink #racial #wealth #gap #Boston #Business #Journal
source domain: www.bizjournals.com
source link: https://www.bizjournals.com/boston/news/2024/04/23/becma-roundtable-warren-pressley-boss-program.html
matched content: U.S. Sen. Elizabeth Warren and U.S. Rep … Massachusetts, which will support local minority-owned small businesses. … Largest Minority-Owned Businesses …
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