Saturday, February 11, 2017

More Bald-Faced Corruption As House GOP Repeals Anti-Bribery Law For Oil Companies

http://thedailybanter.com/2017/02/house-republicans-oil-company-bribery/
"In yet another sign that they're done pretending they work for the American people, House Republicans got rid of a regulation that keeps oil companies from secretly paying off officials in other countries: Using the little-known Congressional Review Act, the House GOP voted on Wednesday to kill an Obama-era regulation that would require publicly traded oil, gas, and mining companies to disclose any payments that they made to foreign governments, including taxes and royalties.  The rule itself dates back to the 2010 Dodd-Frank Act — when senators from both parties included a provision requiring greater disclosure from mining and drilling companies working abroad. The hope was to cut down on corruption in resource-rich developing countries by increasing transparency."

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