Treasury Aims To Promote Fair Hiring Among Contractors

Law360, New York (August 21, 2012, 8:51 PM EDT) -- The U.S. Department of the Treasury issued a proposed rule Tuesday that would require its contractors to make good-faith efforts to hire women and minorities, implementing a requirement that stems from the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The Treasury Department said it would implement the requirement through a new standard contract clause to be included in all future contracts, and invited comments on the language of the clause. Failure to comply with the good-faith hiring requirements could allow the Treasury Department's new Office...
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