'We need more African American and minority businesses in all sectors, in all business, all professional services \u2026 across the board,' said John A. Graves, chairman of Citizenship Education Fund.
Since 1997, the Rainbow PUSH Black Wall Street Project has made important strides in increasing business opportunities for minorities and women, but as the effort marks its 25th anniversary, its leaders say there is much more work to be done.
The Wall Street Project challenges American corporations to help close the nation's wealth gap by increasing business, investment, and employment opportunities for people of color and women. "Loop Capital is one of the finest investors in that. We've always had the ability to do that, we just didn't have the opportunity," he said.
"This [Wall Street] is the epicenter for economics, so I don't want to be very too far from that, because we still have a shortage of African American investment stockbrokers at many of these companies. We still are not participating in pension funds. We're still not participating in the many spenders of SPACs – special purchase acquisition companies – that were being formed across this country," he said.
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