Trump completes repeal of anti-corruption rule
One provision of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act would require drilling and mining companies to disclose payments they make to foreign governments — an attempt to fight corruption in countries that use repressive work conditions to mostly enrich their rulers.
Former Exxon CEO Rex Tillerson personally lobbied against the requirement, but it nevertheless was included in the final bill.
Tillerson now is Secretary of State.
In one his first bills signed since taking office, President Trump has signed a bill to prevent the SEC requirement from taking effect.
For more, read the Politico story.
Click here for more information on the bill to revoke the rule.