U.S. House axes regulations on oil and mining company payments, stream pollution

The Republican-led U.S. House of Representatives on Wednesday killed two Obama-era rules, one intended to root out corruption in the extraction sector and one aimed at reducing stream pollution. Required by the 2010 Dodd-Frank Wall Street reform law, the Securities and Exchange Commission's "extraction rule" was approved this summer to require oil, gas, mining and other companies to publicly state the taxes and other fees they pay to governments. The stream buffer rule is intended to lessen the