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0:43

Hurd

43:43 - 44:26

"The Indian Tribal Regulatory Reform and Business Development Act of 2000 was enacted to help identify and remove federal barriers to investment barriers to business development, as well as barriers to wealth creation in Indian Country. Under current law, the Secretary of Commerce was directed to create a 21-member authority to carry out that work, with Interior serving as a supporting role."

“The Indian Tribal Regulatory Reform and Business Development Act of 2000 was enacted to help identify and remove federal barriers to investment barriers to business development, as well as barriers to wealth creation in Indian Country. Under current law, the Secretary of Commerce was directed to create a 21-member authority to carry out that work, with Interior serving as a supporting role.”
Speaker
Hurd
Community
Alaska News
Captured at
June 9, 2026

From the transcript

As the subcommittee has seen, economic development opportunities are crucial for continued growth throughout Indian Country. Limited opportunities, systemic barriers, and inadequate infrastructure all contribute to high rates of poverty on many reservations. The Indian Tribal Regulatory Reform and Business Development Act of 2000 was enacted to help identify and remove federal barriers to investment barriers to business development, as well as barriers to wealth creation in Indian Country. Under current law, the Secretary of Commerce was directed to create a 21-member authority to carry out that work, with Interior serving as a supporting role. Today, proponents of this legislation assert that Interior is better suited than Commerce to lead an authority dedicated to tribal economic development.

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