Republicans to kill US rules on corruption, environment, labor and guns next week
Source: Reuters
25 JAN 2017 AT 12:55 ET
Congressional Republicans are set to overturn a slew of Obama-era regulations next week, including a controversial anti-bribery rule aimed at U.S. resource companies such as Exxon Mobil Corp and Chevron Corp, according to a top lawmaker.
After six years of legal battles, the U.S. Securities and Exchange Commission in June approved the rule requiring companies to disclose payments to foreign governments. It will probably be killed swiftly with two simple congressional votes. Other rules eyed for quick overturning by Congress include newly minted environmental, gun control and labor relations measures, sources said.
Under the Congressional Review Act, Congress can use simple majority votes to stop recent regulations in their tracks. The timing in the law means that any rules that became final after May 31 could go on the chopping block.
House of Representatives Majority Leader Kevin McCarthy, the second-most powerful Republican in the chamber, had said he would start using that law quickly after President Donald Trump was inaugurated to help roll back regulations the party considers abusive. House Republicans have been on a blitz of regulatory reform, passing bills to drive down regulations costs and create more congressional oversight.
Read more: http://www.rawstory.com/2017/01/republicans-to-kill-us-rules-on-corruption-environment-labor-and-guns-next-week/
50 Shades Of Blue
(10,913 posts)angstlessk
(11,862 posts)"create more congressional oversight"
No, to move oversight from an independent body into their smarmy hands!
Wellstone ruled
(34,661 posts)similiar to what happened in South Dakota. Their voters passed a ballot measure to eliminate Politicians from excepting more than 100 dollars from Lobbyist,guess what,the State Legislature called a Emergency Session to over rule this measure and other things like expecting outside interests.
Cosmocat
(15,053 posts)And, we did it to ourselves.
elmac
(4,642 posts)The FBI, Putin and GOP voter suppression did it. we just have to live with it or die fighting it.
Cosmocat
(15,053 posts)I say "we" cause they hit elected, but it isn't just idiot r voters, it's the third of the country that does not vote, that is willing to accept it.
But, the dolts in this country gave the house, Senate and most state legislatures to rs, too ...
JudyM
(29,536 posts)for social programs.
moondust
(20,516 posts)"FREEDOM!!!!" (to rape, pillage, and poison everything could very well boost profits and stock prices)