On January 16, 2012, Main Justice reported that one of the federal agencies that would be consolidated under Obama's proposed government reorganization plan is the Commerce Department's Bureau of Industry and Security (BIS). BIS regulates exports of dual use items. The State Department's Directorate of Defense Trade Controls (DDTC) which regulates exports of defense articles are services, however, is not included in the reorganization plan.
The proposed reorganization would replace the Department of Commerce with a new department that would include the consolidation of the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation and the U.S. Trade and Development Agency.
BIS would be included in this new department, which would oversee issues related to small business, trade and competitiveness, technology and innovation and statistics.
The White House estimates that the consolidation would save $3 billion over ten years, and trim around 2,000 federal jobs. Obama called on Congress to reinstate Presidential authority to reorganize and consolidate the federal government, including authority to propose agency mergers to be approved or rejected with an up-or-down vote.