This is why I complain so much about not having “clean” legislation. The backscratching of DC can truly screw up a good bill because they have to add measures that aren’t even close to the topic – PB/TK
Exclusive: White House eying executive order targeting ‘conflict minerals’ rule – sources | WASHINGTON
President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products contain “conflict minerals” from a war-torn part of Africa, according to sources familiar with the administration’s thinking.
Reuters could not learn the precise timing of when the order will be issued, or exactly what it will say.
However, the 2010 Dodd-Frank law explicitly gives the president authority to order the Securities and Exchange Commission to temporarily suspend or revise the rule for two years if it is in the national security interest of the United States.
The sources spoke anonymously because it is not public and they were not authorized to speak on the record.
The plan for the executive order comes on the heels of another order issued by the White House last week that takes aim more broadly at the Dodd-Frank rules put into place after the 2007-2009 financial crisis.
Continue to reuters.com article: http://www.reuters.com/article/us-usa-trump-conflictminerals-idUSKBN15N06N
