In unusual vote that began before dawn, Congress kills rule forcing payment disclosures by companies

In unusual vote that began before dawn, Congress kills rule forcing payment disclosures by companies

Congress has passed legislation ending an Obama-era regulation that's required oil and gas companies to disclose payments to the U.S. or foreign governments for commercial development. The Senate gave final congressional approval to the measure Friday 52-47 in an unusual vote that began before dawn. President Donald Trump is expected to sign the bill. It represents an initial Republican swipe at the 2010 Dodd-Frank law curbing Wall Street that President Barack Obama and Democrats enacted following the 2008 financial crisis.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s