The KKK has got three-piece suits

from Ice Cube – When Will They Shoot? Lyrics on Rap Genius

Meaning

White businessmen in suits scare Cube more than hooded klansmen.

Another reference to Public Enemy, this time to their song Rebirth, where Chuck Says:

These days
You can’t see who’s in cahoots
Cause now the KKK
Wears three-piece suits

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