Black Businesses Could Lose Access To Federal Contracts Due To DEI Order, Report

A new report says President Trump’s latest DEI order could significantly derail Black businesses’ ability to gain federal contracts. The Blackout Report, published April 23 by Onyx Impact, suggests that Black businesses are at risk of being left out of federal contracting opportunities due to this anti-DEI legislation. The Blackout Report details the “concrete harms” to Black communities prompted by the Trump administration and its policies. This year’s special edition report argues that this federal contracting shift has already begun, with the latest order further threatening this pathway to boost revenue. Trump’s executive order, issued March 26, directly targets equity policies in federal contracting, limiting these opportunities for Black business owners. While federal contracting is already a lucrative industry, with the report sharing that it boasts a $774 billion market, Black businesses only hold a tiny percentage of these profits. In fact, only 1.2% of federal dollars actually go toward these entities. The vast majority of federal contract funding goes to white-owned companies, accounting for 93.6% of all dollars received. “Federal contracting is one of the clearest pathways to wealth generation in this country, and Black-owned businesses receive only 1.2% of the payments,” said Onyx Impact Founder and CEO Esosa Osa, according to Revolt . “When you target a group already confined to 1.2%, you are actively enforcing a broken …