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50 Cent and Ben Crump to Address Black Wealth Gap in D.C. Shortly Today

50 Cent and renowned civil rights and personal injury attorney Ben Crump are set to meet with the Congressional Black Caucus. The meeting with Congressional Leaders on Capitol Hill is scheduled for Wednesday (June 5) at 10 a.m. ET. The meeting shortly will take place at the Rayburn House Office Building in Washington, D.C.

The Black Wealth Agenda is a policy focus that aims to build wealth within the Black community. It includes areas such as affordable housing, entrepreneurship, jobs and workforce development, tax reform, and voting rights. The Biden-Harris Administration has also made efforts to advance equity as well as opportunity for Black Americans and communities all over the country.

Wealth inequality, no matter measured through the gaps in income or wealth between richer and poorer households, continues to widen. Despite widespread gains, wealth gaps remain in the U.S. The wealth gap between countries across Europe is also very strong.

Black-owned businesses make up only about 3% of all U.S. firms that were actually classifiable by the race and ethnicity of their owners race in 2021. And also they accounted for just 1% of gross revenue from all classifiable valid companies that year. Corporations have pledged to spend millions to support Black-owned companies to help address centuries of discrimination. However, Blacks who work in corporate America often feel marginalized and are virtually nonexistent in upper management roles.

On Tuesday (June 4), 50 Cent posted this AI-generated image of himself and Crump, calling out a warning to Beam Suntory.

“You can change your name from @beamsuntory @suntoryglobalspirits, but you still robbed him, I just want mine. Tell your friends in your discus meeting you  haven’t been under compliance at all.”

In a statement, Crump praised 50 Cent

“As he is one of the most successful Black entrepreneurs in America.”

However, he pointed out,

“Even he is not immune to the biased treatment that faces minority business owners every day.”

Crump told the court,

“50 Cent has been relentless in his fight to seek fairness and justice for himself, his family, and those in the community of color he works to uplift. Yet he still must contend with the oppression that comes from being a minority business owner.”

He also asserted he would do his best to help 50 Cent show

“The power of the consumers to make CORPORATE AMERICA allow a seat at the table for hard-working Black entrepreneurs.”

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