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fleur-de-lisa

(14,624 posts)
Fri Feb 3, 2017, 12:11 PM Feb 2017

Sorry . . . Dupe

The rule was aimed at curbing corruption at big oil, gas and mining companies.

http://www.huffingtonpost.com/entry/senate-regulations-sec-oil_us_58947228e4b040613136476d?acrirab5bimcgnwmi&

WASHINGTON, Feb 3 (Reuters) - The Republican-led Congress killed a controversial U.S. securities disclosure rule early on Friday aimed at curbing corruption at big oil, gas and mining companies.

In a 52 to 47 vote, the Senate approved a resolution already passed by the House of Representatives that wipes from the books a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state the taxes and other fees they pay to foreign governments.

Republican President Tangerine Gabshite Walloper is expected to sign it shortly.

Exxon and other major energy corporations have fought for years to prevent the rule, required by the 2010 Dodd-Frank Wall Street reform law, from seeing the light of day.

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