***CANCELLED***Protecting Small Business Contracting: Leadership Challenges at the Department of the Treasury
The hearing will address the failure of the Department of the Treasury to comply with Section 15(k) of the Small Business Act, and the consequences of that failure for small businesses. Section 15(k)(3) requires that the Director of the Office of Small and Disadvantaged Business Utilization “be responsible only to, and report directly to, the head of such agency or to the deputy of such head,” but the Department of Treasury has been found by the Government Accountability Office to not be in compliance. In early August 2011, Chairman Mick Mulvaney requested that the Department of the Treasury explain the steps it was taking to bring itself into compliance, but the Department has yet to make needed changes. The Subcommittee will hear from the Deputy Secretary of the Department of the Treasury.
Witnesses and Testimony: