MDP Blasts Huizenga Bill Allowing Big Oil to Make Secret Payments to Russia, Totalitarian Regimes

FOR IMMEDIATE RELEASE
News from the Michigan Democratic Party

Friday, February 17, 2017
Contact: Paul Kanan, 517.371.5410; pkanan@michigandems.com

MDP Blasts Huizenga Bill Allowing Big Oil to Make Secret Payments to Russia, Totalitarian Regimes

LANSING — The Michigan Democratic Party issued the following release today, regarding House Joint Resolution 41, a bill sponsored by Michigan Congressman Bill Huizenga, and signed into law by Donald Trump, which eliminates a Securities and Exchange Commission requirement for oil, gas and mining companies to disclose payments made to foreign governments for access to natural resources.

“If it wasn’t enough that Michigan Republicans in Congress, like Bill Huizenga and Fred Upton, have remained appallingly silent on the clear connection between Donald Trump and Moscow, they are now leading the effort to allow oil, gas and mining companies to make secret payments to the Russian government and other authoritarian regimes around the world,” said Brandon Dillon, Chair of the Michigan Democratic Party.

House Joint Resolution 41 — sponsored by Huizenga — eliminates a Securities and Exchange Commission requirement for oil, gas and mining companies to disclose payments made to foreign governments for access to natural resources.

“Rolling back this commonsense protection and eliminating transparency does nothing but benefit oil companies, like ExxonMobil, and corrupt oligarchies, like Putin’s Russia, while increasing global corruption on a massive scale,” Dillon continued. “In supporting this bill, Michigan Republicans have gone from Donald Trump’s tacit appeasers to his willing co-conspirators.”

Michigan’s nine Republicans in Congress all supported the legislation, while the entire Michigan Democratic delegation — including Senators Debbie Stabenow and Gary Peters — voted no. The bill was signed into law by Donald Trump on Tuesday, February 14th.

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