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US Republicans propose repeal of conflict minerals act

Post By: Jonathan Paxton on Friday, 01 July 2016

Republicans on the House Financial Services Committee have proposed a full repeal of the US's conflict minerals reporting rules through discussion of the Financial CHOICE Act, released last week. CHOICE stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs and is the Republican plan to replace what they see as the failed Dodd-Frank Act and promote economic growth. The 'conflict mineral' section of Dodd Frank is said to 'impose a number of overly burdensome disclosure requirements ......

US House of Representatives seeks to halt implementation of US conflict mineral reporting

Post By: Steven Peterson on Friday, 24 June 2016

Washington DC based 'The Hill' reported here that Bill Huizenga filed a late amendment to the financial services appropriations bill to block funding for enforcement activity of section 1502 of Dodd Frank – the 'conflict minerals' reporting rules in the US – with the objective to halt implementation. The amendment was adopted by the House Rules Committee and will be voted on by the House of Representatives shortly. The amendment had been scheduled for consideration on 22nd June, but a sit-in by House...

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