January 26, 2017 12:28 pm -

Next week, Republicans plan to kill rules on corruption, environment, labor and guns…


… 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.

The Republican-dominated House will bypass the committee process and go directly to a vote by the entire chamber on a half-dozen resolutions, McCarthy’s spokesman said on Wednesday.


D.B. Hirsch
D.B. Hirsch is a political activist, news junkie, and retired ad copy writer and spin doctor. He lives in Brooklyn, New York.