August 4th marked 100 days since Secretary Yellen missed her legal deadline to testify before the Small Business Committee on COVID-19 relief programs administered by the Department of the Treasury.
“The Department of the Treasury has a duty to be transparent with Congress and the American people, especially at a time when our nation’s hardest hit small businesses are working tirelessly to regain their footing,” said Ranking Member Luetkemeyer. “An update from the Treasury Department on the role they played within small business relief programs is 100 days past due – small businesses deserve information, and Secretary Yellen must fulfill her legal duty and testify before our Committee.”
Committee Members have repeatedly called upon Secretary Yellen to testify before the Committee with no response from the Department of the Treasury or Secretary Yellen herself.
More background information can be found here:
- July 6, 2021: Committee Republicans Demand Answers on Secretary Yellen’s Refusal to Testify on PPP, Defying Law
- May 26, 2021: Yellen under fire for failing to testify about COVID relief funding on Capitol Hill (Fox Business)
- May 26, 2021: Exclusive:House Republicans Press Yellen in Letter to Appear at Small Business Hearing Next Month (Morning Consult)
- May 26, 2021: Yellen skips House small business hearing, defying legal requirement and angering both parties (CNBC)
- May 26, 2021: Top House Democrat blasts Yellen for refusing to testify on PPP (Politico)
- May 26, 2021: Luetkemeyer: The Biden Administration is Threatening Small Business Recovery
Source: House Small Business Committee Republicans