House Committee on Small Business Ranking Member Blake Luetkemeyer wrote a letter to Committee Chairwoman Velázquez asking her to issue a subpoena compelling Treasury Secretary Yellen to fulfill her legal duty to testify on COVID-19 relief programs for our nation’s struggling small businesses.

It has now been 147 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.

Excerpts can be found below.

“This is not merely a request or invitation to testify made by a standing full committee of the House of Representatives.  In fact, this is a statutory requirement of a law of the United States.  Under the Consolidated Appropriations Act of 2021, the Secretary of the Treasury and the Administrator of the Small Business Administration are statutorily required to testify before the House Committee on Small Business on the operation of the COVID-19 relief programs within 120 days of the enactment of the Act. 

“It has now been 147 days since that statutory 120 day deadline expired.  As you will recall, during the previous Administration, on July 17, 2020, both Small Business Administration Administrator Jovita Carranza and Secretary of the Treasury Steven Mnuchin willingly testified before our Committee on the COVID-19 small business programs…

“This year, Secretary Yellen has appeared numerous times before other Congressional committees.

“As you are aware, under Committee Rule 11(A), this Committee may authorize and issue a subpoena in the conduct of any investigation or series of investigations or activities to require the attendance and testimony of a witness. A subpoena must be authorized by a vote of a majority of the Full Committee.

“We have waited patiently for months.  Secretary Yellen’s repeated refusals to testify are nothing less than blatant disregard for the law, small businesses, and the American people.  Enough is enough.  I ask that you issue a subpoena for her to testify without any further delay.” 

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