Washington, February 18 (RHC)-- U.S. President Donald Trump has signed legislation to repeal a Dodd-Frank anti-corruption measure requiring oil and mining companies to disclose payments to governments.
The rule had required public oil, gas and mineral extraction companies to disclose annually its payments to both foreign governments and the U.S. government. Lawmakers say these disclosures help fight corruption in resource-rich countries.
The oil industry had fiercely lobbied against the measure. Politico reports longtime ExxonMobil CEO Rex Tillerson, who is now secretary of state, personally lobbied against the rule, flying to Washington, D.C., to meet with then-Senator Richard Lugar in 2010 to try to get the measure removed from Dodd-Frank.
- RHC's Caribbean Outlook Show
- Municipal Assemblies of People's Power to Hold Special Session on Saturday
- Replica of First Equestrian Statue of José Martí to be Inugurated on January 28th in Havana
- Cuba Receives Award as Safest Country for Tourism at FITUR 2018
- Russian Federation Bestows Friendship Order on Havana's Historian Eusebio Leal
- RHC's Arts Roundup
- Max: 19729
- yesterday: 4608
- today: 3206
- online: 210
- total: 4228380