WASHINGTON – Today, the Black Economic Alliance (BEA), a nonpartisan group of Black business leaders and aligned advocates, released the below statement from CEO Samantha Tweedy on President Joe Biden’s announcement of his intent to nominate CFTC Commissioner Kristin Johnson as Assistant Secretary of the Treasury for Financial Institutions.

“The Black Economic Alliance (BEA) applauds President Biden’s decision to nominate CFTC Commissioner Kristin Johnson as Assistant Secretary of the Treasury for Financial Institutions. Commissioner Johnson is an expert and exemplary leader in fostering economic equity and growth. Her remarkable record at the Commodity Futures Trading Commission (CFTC), her distinguished academic career, and her invaluable experience in the private sector underscore her profound expertise in complex policy and regulatory frameworks critical to shaping a more equitable economy for Black Americans and for all.

“It is essential for Black and underrepresented voices to be present in significant policy discussions, ensuring that conversations at every level within the Treasury Department and across key economic positions within the administration reflect the diverse communities across America. The Black Economic Alliance looks forward to Commissioner Johnson’s leadership and her continued commitment to advancing economic equity.”

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About the Black Economic Alliance

The Black Economic Alliance is a coalition of Black business leaders and aligned advocates committed to driving economic progress for the Black community through public policy, advocacy, and engagement with government and business leaders. Led by a board that includes executives from a range of industries including media, finance, pharmaceutical, nonprofit, and tech, BEA uses its collective power and business acumen to advance policies that will improve work, wages, and wealth for Black Americans. | https://bea.briteweb.com/