UPDATED: Legislation Signed to Remove SEC Transparency Regulation on Oil & Gas Companies

While simultaneously placing a gas company executive at the top position in the State Department, the GOP-led House passed a resolution ending an SEC requirement that oil, gas, and mining companies disclose payments to foreign governments.

Source: https://www.washingtonpost.com/news/energy-environment/wp/2017/02/01/one-of-house-gops-first-targets-for-regulatory-rollback-...

The legislation has now been signed into law, eliminating an anti-corruption rule that required oil companies to inform regulators when they make payments to foreign governments before mining and drilling abroad.  Trump repealed the provision using a bill known as the Congressional Review Act, which permits incoming presidents to overturn new federal regulations. The bill had not been used for this purpose in 16 years.

Source: http://thehill.com/policy/energy-environment/319488-trump-signs-repeal-of-transparency-rule-for-oil-companies

ACTION: Organizations such as the Natural Resources Defense Coucil, 350.org, the Sierra Club will be fighting hard against this administration.  Read up on their work at their web sites, follow them on Twitter, and give a donation to them or similar groups.  We need environmental groups to be well funded to fight this fight.  Their web sites have concrete ways you can get involved beyond giving them money if this fighting for this cause drives you.