[United States Statutes at Large, Volume 132, 115th Congress, 2nd Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

 
Proclamation 9805 of October 12, 2018

Minority Enterprise Development Week, 2018

By the President of the United States of America

A Proclamation

During Minority Enterprise Development Week, we celebrate the success of
minority-owned businesses and recognize their contributions to our
Nation's prosperity. These businesses are part of the bedrock of our
economy, employing eight million people and contributing more than $1
trillion in economic output each year.
My Administration is committed to empowering minority business owners by
creating an environment in which all businesses can expand and thrive.
We have eliminated unnecessary and burdensome regulations and effected
commonsense, pro-growth policies. The Tax Cuts and Jobs Act enacted the
biggest tax cuts and reforms in American history. Importantly, it
created the Opportunity Zones Program, through which we are rewarding
businesses that invest in distressed commu

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nities and that create jobs for those who, all too often, are left
behind. We are also leveling the playing field for American businesses
by renegotiating and modernizing our trade agreements, including by
replacing the North American Free Trade Agreement with the new United
States-Mexico-Canada Agreement.
Taken together, these new policies are delivering real results for the
American people. Our Nation's unemployment rate has reached its lowest
level in 50 years. Minority unemployment rates have fallen to record
lows, with the unemployment rate for African Americans falling below 6
percent for the first time in history. The unemployment rate for
Hispanic Americans and Asian Americans has also reached historic lows.
As minority-owned businesses continue to benefit from our resurgent
economy, my Administration is looking to take additional steps to
support these key drivers of economic growth. The Department of
Commerce's Minority Business Development Agency is expanding its focus
to include policy analysis that will identify opportunities for minority
business enterprises across our country. Additionally, the new National
Council for the American Worker is developing a National Workforce
Strategy. Given the historically tight labor market and recent
technological change, our Nation needs a workforce strategy that
champions effective, results-driven education and training to meet the
needs of students, workers, and businesses.
In the United States of America, each person has the opportunity to
achieve their dreams and to build a better future for themselves and
their families. Minority business owners exemplify this fundamental
truth about our great Nation. This week in particular, we are grateful
for the minority business owners who dedicate their time, energy, and
entrepreneurial skills each day to improving the economy and restoring
the American spirit in every community across the Nation.
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of
America, by virtue of the authority vested in me by the Constitution and
the laws of the United States, do hereby proclaim October 14 through
October 20, 2018, as National Minority Enterprise Development Week. I
call upon all Americans to celebrate this week with programs,
ceremonies, and activities to recognize the many contributions of
American minority business enterprises.
IN WITNESS WHEREOF, I have hereunto set my hand this twelfth day of
October, in the year of our Lord two thousand eighteen, and of the
Independence of the United States of America the two hundred and forty-
third.
DONALD J. TRUMP