President-elect Joe Biden’s administration will make minority- and women-owned small businesses its “priority,” his transition team tweeted Sunday.
“Our focus will be on small businesses on Main Street that aren’t wealthy and well connected, that are facing real economic hardships through no fault of their own,” Biden said during the video.
“Our priority will be black, Latino, Asian, and Native American-owned small businesses, women-owned businesses, and finally having equal access to resources needed to reopen and rebuild. But we’re going to make a concerted effort to help small businesses in low-income communities, in big cities, small towns, rural communities that have faced systemic barriers to relief,” Biden said during the video.
Congress passed a $900 billion coronavirus stimulus package and a $1.4 trillion government funding bill in December by an overwhelming majority. President Donald Trump signed the bill after previously saying he wouldn’t accept it as it was written and had called for modifications to the bill.