February 1st
Good
day looming for the recent head of the Sovereign State of Exxon----Rex
Tillerson.
His Senate confirmation as Secretary of
State,reporting to white supremacist Steve Bannon, is scheduled for tomorrow.
Then: "Exxon
Set for Early Victory as Congress to Rescind Payments Rule "
Bloomberg News
- The House and Senate is set to vote on the same day to kill an SEC edict that requires publication of overseas payments by oil, natural gas and mining companies listed on US Stock exchanges. Part of the Dodd-Frank reforms.
- Republican house leader Kevin McCarthy pledged in the Wall Street Journal , to "take the ax" to the SEC rule "an unreasonable compliance burden."
- In the Senate Jim Inhofe, Mitch McConnell and Mike Rounds are proposing the matching resolution on the same day.
"Canceling
this rule would hurt important initiatives to stop corruption..send a message
to corrupt leaders everywhere that their misdeeds are no longer a serious US
foreign policy priority"
Human Rights Watch
- Tillerson's Exxon lobbied for this change claiming that such disclosures gave an unfair advantage to their foreign competitors who are not listed on US stock exchanges .
- His lobbyists apparently did not know –or did not disclose-- that oil and mining companies listed in London and elsewhere in Europe have the same obligation of transparency.
- Indeed the rule was modeled on that in the UK.
But then on the Russian Sanctions Legislation Mr.Tillerson was “unaware” on which side Exxon were lobbying.
Straight
shooter and lifelong Boy Scout activist Texas Rex must be taken at his word.
Should be fun : Tillerson's and Trumpf's Foreign Policy c/o Stephen Bannon
Still at least he will "Be Prepared" ---- Geddit?
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