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September 26, 2025 • 15 mins
Delegate Stacey Plaskett (D-Virgin Islands) talks about how challenging times for the Black community bring out the best in innovation and creativity.
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Episode Transcript

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Speaker 1 (00:01):
Good afternoon. I'm Andrea Coleman with a Black Information Network
at the Congressional Black Caucus Foundation's fifty fourth Annual Legislative Conference.
We're talking with Congresswoman Stacy Plaskett, who is a Congressional
Delegate from the Virgin Islands, and we just so thank
you and I know when you're coming up. I had
to share with you that I look at you every
time I hear your name, I just think about, oh
my gosh, we're about to get some kind of beautiful

(00:23):
fashion display.

Speaker 2 (00:24):
Oh that's crazy. It's the most amazing thing because I
grew up with a mother who was entirely involved in fashion.
Love fashion, and that of course, hey make me disdain
it having someone, but I know it when I see it, right,
Like that beautiful piece that you have on the pendant

(00:45):
that you're wearing. I love that. Yes, the black I
love it. Thank you. Just those little pops of and
that say something about your personality. I think is what
we really need to, you know, being our authentic self,
and that's on full display here at the Congressional Black Cauckats.

Speaker 1 (01:01):
So I tell you, during the impeachment hearings and trials
will turned in every day that you are going to
be talking, are presenting your argument, and just be floored
by your styles and what you're wearing. We are listening to.
We were listening and pay attention as well. But you
look fabulous.

Speaker 2 (01:16):
My best friend is right here, Alita Williams. She and
I had a team that they kind of dressed me
so I could focus on the actual substance of arguments
during love Peace. I love that.

Speaker 1 (01:29):
So you at the ALC this week, you're dealing with
innovation and you are, you know, respectfully a delegate for
representing the virgin I Light, which is very exciting as well.
So connect the two fours, and first if you will
talk a little bit about innovation and why it's so
important right now for the Black community.

Speaker 2 (01:48):
Sure, you know, I think we as a community always
our creativity comes out and is born out of so
many struggles that we're in that were able to create
and to build, and we've never been in such a
time as this that we are right now. But I
think within that adversity is really an opportunity for us

(02:09):
to those founders, creators, those innovators that are out there
in our communities have an opportunity to really shine, and
we need to support them as best as we can.
And I think that that's one of the ways that
the Caucason Black Innovation is trying to do. So myself
and Congresswoman Maryland Strickland from the Washington State came together

(02:31):
several years ago and we've now had our fourth year
of panel discussions that are just superlatively about innovators and
how do we support them as a community. And I
see my national president walking by Delta Sigma Theta Sorority
Incorporated and just want to send my love to them.

Speaker 1 (02:52):
Yes, beautiful and red, beautiful and red.

Speaker 2 (02:56):
But so what the Caucason Black Innovation is doing is
we are trying to create a space where we can
help founders and creators, whether it's through developing hearing what
their issues are, and how do we develop regulatory support
for them. How do we create legislation for them but
also amplify their issues and trying to bring in funding

(03:18):
and support for that. So today I had a panel
that was how do we use blockchain and cryptocurrency to.

Speaker 1 (03:27):
Create foreign for most of.

Speaker 2 (03:29):
Us, right, but how do we use those platforms for
innovators and founders to develop funding, to develop ownership of
the ideas that they had. One of the examples that
they talked about was a artist in Los Angeles who
is using blockchain to sell her art, but because blockchain

(03:50):
is something that does not go away, she kind of
has almost a royalty in that as it's resold, she
still owns a piece of her own artwork and try
and build that as well. Or another individual who's created cryptocurrency,
created a piece of currency that allows people within a

(04:10):
community to buy property and for the community to own
property that's then going to be developed and move forward.
So there's a lot of innovation. You know, we're not
going to have the same kind of support from the
federal government we know in the next two and a
half years that we used to have, and we've got
to look within ourselves to be able to make things happen.

Speaker 1 (04:32):
Yeah, I was going to ask, how difficult is it
to break into those spaces.

Speaker 2 (04:36):
I think it's you know, it's enormously hard to not
just be at the bottom of it, but to really
to build. And I think that's what we're finding. You know,
we know statistically that there are only one percent of
venture capital funding goes to black founders out of the
billions that get moved within our country every year. That's absolutely,

(05:00):
you know, not just hurtful to those founders, but hurtful
to us as a nation because we're losing out on
the support that they have. You know, venture capital vcs
tend to give money over and over and again to
the same people that they know, and sometimes these are
serial losers in the innovation space. And how to support
those coming into that, you know, and one of the

(05:22):
things that I coming you said to tying it into
the Virgin Islands. One of the things that we see
ourselves as when you just look at you know, we're
trying to reinvent the slave triangle that is between Africa,
the Caribbean and then into the United States by creating
a diaspora link that Brallials builds fiber optics from the

(05:45):
United States New York and Virginia Beach to the island
of Saint Croix and then from Sin Croix to Lagos
and Acra, so that there's dedicated fiber optics between us.
Right now, there's no fiber optic that goes from the
United States to Africa. And we know that within the
next year there will be five hundred million individuals buying

(06:08):
in the African market. It's the youngest market that there
is in the world, and these are people really looking
for opportunities and ways to purchase, ways to grow, and
so we're trying to provide that space for them.

Speaker 1 (06:23):
That is tremendous. Where are you in the development of all.

Speaker 2 (06:26):
Of that, Well, we have right now. Congress, interestingly, both
Republicans and Democrats came together in the House and passed
legislation that said that the Department of Defense was going
to look at building this fiber optic because we recognize
that having dedicated fiber optic between the United States and
Africa is a national security issue. But knowing that those

(06:49):
data links and the information that goes between those are
also moni bey, you can monetize that. And so we're
looking as a way for us in the Virgin Island,
who is at one point a hub between you know,
ship slips coming to our islands and then moving back
up to the United States, to be a linkage for

(07:11):
the markets between the two.

Speaker 1 (07:12):
That would be kind of an economic boon for them
as well. What is it like in the Virgin Islands
right now? How are they doing economically and what's going
on what's your hope for the area.

Speaker 2 (07:22):
Well, that's an interesting you know, I was saying. I've
said to people over and over again that the Virgin
Islands we have been owned by seven nations, from the French,
the Spanish, the Denmark owned us for the longest period
of time, and the nights of Malta and now the
United States and nobody purchased us for beaches and for sand,

(07:43):
right and for our water. They purchased us because of
our geographic location, because geopolitically we're the most easterly point
of the United States. Now we're also the most southern.
We have huge ports, We have some of the deepest
waters in ports in the Caribbean. On the island of
Saint Croix. We have the largest air strip in the

(08:06):
Caribbean where right now hurricane hunters, large military aircrafts are used.
But this has never been monetized for us. And so
we have the opportunity out of the wreckage of the
twenty seventeen storms where we are actually now rebuilding our infrastructure.

(08:28):
We're building over twenty schools, two hospitals, as well as
relaying our water and sewage along with our utility systems,
creating microgrids, hardening of systems. This presents opportunities not just
for individuals who in the field of development contractors, electricians, plumbers, etc.

(08:52):
And a space that is by itself just black run.
So we are black people building a new community in
a place that historically, for the last four hundred years
has been black. But we want to be able to
do that in a resilient manner. And because we are
doing a complete rebuild, also thinking resiliently about how we

(09:16):
create those schools, how do we utilize our hospitals to
not only monetize it and create revenues for ourselfs, but
be on the cutting edge for the Caribbean region as
well as for the United States and abroad.

Speaker 1 (09:32):
Right, So, the fiber optic and the innovative projects that
you're talking about, do they hold any opportunity for prioritization
or for economic development and personal wealth and growth Islands?

Speaker 2 (09:44):
Sure? You know, I believe that the Virgin Islands is
a place where because of our tax treatment and treatment
that individuals and companies can have as well as the
you know, utilities that we have the to bandwidth, it's
resting in the Virgin Islands that this is a great

(10:04):
place for individuals who want to work remotely. Right, individuals.
You know you talk about individuals who are digital nomads,
work nomads going to Europe. Well, I invite them to
come to a place where, of course it is warm
and beautiful on a regular basis, but also is in
a place where they will see themselves. And I also think,

(10:26):
you know, in a lot of ways because of that,
I know that everyone now is just really moved by
the notion of Oak Bluff as well as Martha's Vineyard
is a place where black people go and they can
see one another professionally. Well, we're a place where you
can go and see that three hundred and sixty five
days of the year, all the time, and it's a

(10:47):
community that still has places to build and to grow
and to raise a family. So my parents are both
from the Virgin Islands. Our family go back three hundred years.
But I was born and raised in Brooklyn, and I
made a decision to move back down there because I
knew that this is a place where you know, you

(11:09):
can provide you support as a black person in a community.
And it has a slight ripple, but they're the ramifications
and the amplification of what you do resound so much
greater because it's a smaller community, because there's so much need.
So stepping into that space really can provide a resonance
and support for people in a much more dynamic way.

(11:32):
So that's what we're trying to do right now for
individuals who don't want to leave the country. You know,
when people are like looking at what's happening in the
United States, and someone said to me just earlier today,
so what country are you looking about thinking about moving
to with what's happening with forty seven? And you know,

(11:53):
I know I'm on radio, so I can't use the
language that I use, but I said, I'm not going
a place. I'm staying right here because our families, our parents,
you know, my dad fought in the Korean War, our
families have been a part of this country. Why would
I go anywhere? And so what I'm going to do
is really create a space under the American flag where

(12:16):
Americans who are not just black, but people who want
to live in a diverse community. Because in the Virgin Islands,
we have so many non black people who have made
a conscious decision that they want to raise their children
in a place where they's a richness of culture and
an acceptance of people of many different hues.

Speaker 1 (12:37):
Wow, that's so beautiful. So for people who may be
interested in learning more about the innovations work that you're doing,
how can they tap.

Speaker 2 (12:46):
Into that, Well, you can always come contact my office
or Maryland Strickland's office, going to our websites for Strickland
it would be Strickland dot house dot gov or going
to my website at Plasket dot house dot gov and
you can, you know, find out about the Caucasant Black innovation.

(13:08):
You know, I am so excited because I always have
young people in the office who we assign something to
and they're able to grow it. So right now Jordan
Rodriguez in my office here in Washington, DC, as part
of our legislative team, is working on that under of course,
my amazing chief Angeline Shabbar. So this is something that

(13:31):
we've been committed to, and interestingly we've decided that, you know,
we had another young person several years ago do a
report for us or where and we said, where are
there places where there are a lot of black creators,
a lot of black innovators and also wealth and support
financially that maybe aren't meeting each other, and where are

(13:52):
those places around the country, and let's go to those places.
So of course we were in Maryland District in Tacoma, Washington,
which has a really large former military right, and we
know how many black people are in the military space
and they rest there and raise their families, and it's
so close and adjacent to Seattle, so that there's a

(14:16):
lot of work there, but there hasn't necessarily been a
lot of funding that goes to them. So we went there,
and we're actually going to places like Birmingham, Alabama, where
because it is a black university area, there are a
lot of innovators and a lot of tech activities going on,
and there is a tremendous amount of wealth. But the
two are not meeting each other. So we're trying to

(14:37):
find those places around the country that are not ones
that you normally hear about, such as Atlanta or New
York City or LA and trying to make that trying to.

Speaker 1 (14:47):
Support that finding the hidden gems right exactly. I love that.
I love that Deligate Plastic. We thank you so much,
thank you so much. Love to mom for her silent tips,
and to best friend, Yes, but thank you so much
for your leadership and your work, and thank.

Speaker 2 (15:01):
You and thanks for creating this space for us to
hear about what's happening in Black America in the world,
and to really be able to dig in deeper into
what we're learning about.

Speaker 1 (15:12):
But please please keep taking us to places we need
to know about and shining so right.

Speaker 2 (15:16):
We appreciate your leadership, Thank you, thank you.

Speaker 1 (15:20):
I'm Andrea Coleman with the Black Information Network at the
Congressional Black HAWCUS Foundations fifty fourth Annual Legislative Conference. We've
been talking with Stacy Plaskett, congressional Delegate from the Virgin Islands,
and we will have more conversations with our congressional leaders
and others coming up.
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