On March 5, 1969 President Nixon accompanied by Maurice H. Stans, Secretary of Commerce and Robert J. Brown, Special Assistant announced the creation of the Office of Minority Business Enterprise. In the Cabinet Room at the White House, President Nixon signed the Executive Order "Prescribing Arrangements for developing and Coordinating a National Program for Minority Business Enterprise.”
U.S. Rep. Bobby L. Rush (IL-01) introduced a resolution related to MBDA’s Anniversary. H.Res. 502, if passed, would officially congratulate and commend MBDA for its work enhancing the minority business community and our nation’s economy.
Congratulating the Minority Business Development Agency on its 45th anniversary and commending its achievements in fostering the establishment and growth of minority businesses in the United States.