Home / Civilian / Obama Proposes Single ‘Secretary of Business’ Post

Obama Proposes Single ‘Secretary of Business’ Post

President Barack Obama wants to consolidate several federal agencies responsible for items regarding business, he said in a Monday interview with MSNBC’s “Morning Joe” program.

“We should have one secretary of business, instead of nine different departments that are dealing with things like getting loans to SBA (Small Business Administration) or helping companies with exports,” Obama said. “There should be a one-stop shop.”

Obama originally proposed a merger of several business-related in agencies in January by seeking reorganizational authority from Congress.

That plan included placing under one roof the Commerce Department‘s core business and trade functions, the SBA, the Office of the U.S. Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation and the Trade and Development Agency.

According to Kent Hoover’s report for the Business Journal, the SBA currently has separate committees in both chambers of Congress, while the chambers also have separate commerce committees.

Check Also

GSA Implementing Robotic Process Automation in Federal Gov’t via Community of Practice

The General Services Administration is establishing a community of practice to enable federal government officials to share ideas and explore opportunities to advance the implementation of robotic process automation. GSA said Friday that Ed Burrows of the agency’s office of the chief financial officer will chair the RPA CoP, which will outline the best practices and determine technical options to realize the benefits of RPA and transition the federal workforce to high-value work in support of a cross-agency priority goal in the President’s Management Agenda.

Leave a Reply

Your email address will not be published. Required fields are marked *