Why minority businesses development is vital for the US [Yahoo! Finance]
Vistra Corp. (VST)
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Source: Yahoo! Finance
On the latest episode of Financial Freestyle with Ross Mac , Deputy Under Secretary of Commerce for Minority Business Development Eric Morrissette joins Mac to discuss the importance of minority business development. "Over eight trillion of our economy is left on the table by not pulling in minority businesses," says Morrissette. "Eight trillion is roughly a third of the GDP output of the United States." According to Morrissette, this makes the US less competitive globally. "We know that our adversaries wanna make sure that we are not as competitive as them, that we are sidelining that capital, and they know the wedges that divide our country. Racial divide's the real wedge. If we continue to foment that wedge and allow people to think that like, if I get some, you don't get some, then we are less competitive as a country," he says. Morrissette sees this as a solvable problem. He says that successful minority businesses create change in their communities as well as employment o
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VST
Sec Filings
- 12/19/24 - Form 8-K
- 12/16/24 - Form 8-K
- 12/11/24 - Form 4
- VST's page on the SEC website