As Black History Month wraps up the State Treasurer Mike Frerichs honored individuals who lead the way in the African American community. He also is pushing for more diversity in the business world in Illinois. Frerichs says once he took office he stopped doing business with banks who do not receive a good grade on the Community Reinvest Act. And he has taken steps to open up more opportunity for so called MWVD firms that didn’t always receive contracts with the state.
Frerichs says more diverse ideas lead to better decisions.