Minority- and women-owned businesses face a significant threat as affirmative action in federal contracting comes under legal scrutiny, potentially impacting contracts valued at $70 billion annually. Recent court rulings, influenced by the Supreme Court's 2023 decision on race-conscious college admissions, have deemed some federal diversity programs unconstitutional, citing equal protection concerns. Consequently, several federal agencies are removing race and gender-based preferences, challenging the future of programs designed to support disadvantaged businesses. Continue here.
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