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House Republicans on Monday began the process of killing five Obama-era rules on corruption, the environment, labor, and guns under the first real test of the Congressional Review Act, a law intended to keep regulation in check.
The extraction rule took years to complete. It was required in the 2010 Dodd-Frank Wall Street reform law, but only approved this summer. It requires companies such as Exxon Mobil Corp (XOM.N) to state publicly how much they pay governments in taxes and other fees.
A requirement that for every new federal regulation, two existing regulations must be eliminated.
“President Donald Trump signed an order on Monday that will seek to dramatically pare back federal regulations by requiring agencies to cut two existing regulations for every new rule introduced.
“This will be the biggest such act that our country has ever seen. There will be regulation, there will be control, but it will be normalized control,” Trump said as he signed the order in the Oval Office, surrounded by a group of small business owners.
Trump’s latest executive action will prepare a process for the White House to set an annual cap on the cost of new regulations, a senior official told reporters a. of the signing.”
originally posted by: theantediluvian
a reply to: watchitburn
It's just as likely that I made up what? First off, I cited the OP's source. Secondly, do you have some evidence of me making things up? You'll have to forgive me but I take issue with being called a liar.
Disclosure of Payments by Resource Extraction Issuers
Stream Protection Rule
But the left were clap trapping about CO2 ,CO2,the sky is falling and the world would end because of CO2 ...to the point of making pointless regulations not on methane but you guessed it CO2 .
And really, restricting emissions of methane? It's 25x more potent a greenhouse gas than CO2 but since AGW is a Chinese hoax anyway, f# it. More methane please!