U.S. Republicans ax disclosure, emissions rules on energyWASHINGTON (Reuters) - U.S. Republicans on Friday repealed a securities disclosure rule aimed at curbing corruption at energy and mining companies and voted to ax emissions limits on drilling operations, part of a push to remove Obama-era regulations on extractive industries.  In a 52-47 vote, the Republican-controlled Senate approved a resolution to eradicate a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state taxes and other fees paid to foreign governments like Russia.  The House of Representatives already passed the measure. President Donald Trump is expected to sign it within days. On Thursday, the Senate repealed a rule that would have limited coal companies from dumping waste into streams.  After a number of legal battles, the U.S. Securities and Exchange Commission in June 2016 completed the regulation, which supporters said could help expose questionable financial ties U.S. companies may have with foreign governments. Senate Democrats raised concerns that Exxon’s chief executive during those legal fights was Rex Tillerson, who was recently confirmed as U.S. secretary of state and has worked extensively in Russia. “It should be lost on no one that in less than 48 hours, the Republican-controlled Senate has confirmed the former head of ExxonMobil to serve as our secretary of state, and repealed a key anti-corruption rule that Exxon Mobil and the American Petroleum Institute have erroneously fought for years,” Senator Ben Cardin of Maryland said, referring to the oil industry’s trade group. Exxon and other major energy corporations fought for years to block the rule, required by the 2010 Dodd-Frank Wall Street reform law.  Cardin, the senior Democrat on the foreign relations committee, wrote the Dodd-Frank section on the payments to foreign governments with Richard Lugar, a former Republican senator. Critics of the rule said it duplicated existing regulations,  was too costly and burdensome for companies to implement and that it put U.S. companies at a competitive disadvantage with state-owned companies in other countries that do not have to divulge such information. The change could give American companies an edge over Canadian and European companies that face some of the toughest transparency rules in the world.  Republicans have taken advantage of a seldom-used law known as the Congressional Review Act to overturn recently enacted rules with simple majorities in both chambers, denying senators the opportunity to filibuster and stall a vote.  Democrats said Republicans were using the review act to help companies not the public. “When it comes to giving public resources to private interests and gutting our nation’s health, environmental and financial standards, the Republicans can’t seem to act fast enough,” said Representative Raul Grijalva. “Whoever they’re doing this for, it isn’t the American public.”       The Congressional Review Act also bars agencies from revisiting overturned rules, which could pose a legal conundrum for the SEC, which is required by law to enact a payments regulation. The Senate will next consider repealing a rule limiting venting and leaking of the powerful greenhouse gas methane by oil and gas drillers on federal and tribal lands, mostly in the U.S. West. The repeal was passed by the Republican-controlled House on Friday.  The Interior Department finalized the methane rule in November. The oil industry has argued that it would add to costs for new and existing wells. Environmentalists have said the rule would protect human health and return more than $800 million in royalties to taxpayers over 10 years.  politicsNews
republicans ax disclosure emissions rules energywashington reuters republicans friday repealed securities disclosure rule aimed curling corruption energy mining companies voted ax emissions limits drilling operations part push remove regulations attractive industries in vote senate approved resolution eradicate rule requiring companies exon mobil chevron corp publicly state taxes fees paid foreign governments like russia the house representatives already passed measure president donald trump expected sign within days on thursday senate repealed rule would limited coal companies dumping waste streams after number legal battles securities exchange commission june completed regulation supporters said could help expose questionable financial ties companies may foreign governments senate democrats raised concerns exon chief executive legal fights rex tillerson recently confirmed secretary state worked extensively russia it lost one less hours senate confirmed former head exxonmobil serve secretary state repealed key rule exon mobil american petroleum institute erroneously fought years senator ben jardin maryland said referring oil industry trade group exon major energy corporations fought years block rule required wall street reform law jardin senior democrat foreign relations committee wrote section payments foreign governments richard lugar former republican senator critics rule said duplicated existing regulations costly burdensome companies implement put companies competitive disadvantage companies countries diverge information the change could give american companies edge canadian european companies face toughest transparency rules world republicans taken advantage law known congressional review act overturn recently enacted rules simple majorities chambers denying senators opportunity filibuster stall vote democrats said republicans using review act help companies public when comes giving public resources private interests getting nation health environmental financial standards republicans seem act fast enough said representative raul grijalva whoever american the congressional review act also bars agencies revisiting overturned rules could pose legal conundrum sec required law enact payments regulation the senate next consider repealing rule limiting venting leaking powerful greenhouse gas methane oil gas drivers federal tribal lands mostly west the repeal passed house friday the interior department finalized methane rule november the oil industry argued would add costs new existing wells environmentalists said rule would protect human health return million royalties taxpayers years politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: U.S. Republicans ax disclosure, emissions rules on energyWASHINGTON (Reuters) - U.S. Republicans on Friday repealed a securities disclosure rule aimed at curbing corruption at energy and mining companies and voted to ax emissions limits on drilling operations, part of a push to remove Obama-era regulations on extractive industries.  In a 52-47 vote, the Republican-controlled Senate approved a resolution to eradicate a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state taxes and other fees paid to foreign governments like Russia.  The House of Representatives already passed the measure. President Donald Trump is expected to sign it within days. On Thursday, the Senate repealed a rule that would have limited coal companies from dumping waste into streams.  After a number of legal battles, the U.S. Securities and Exchange Commission in June 2016 completed the regulation, which supporters said could help expose questionable financial ties U.S. companies may have with foreign governments. Senate Democrats raised concerns that Exxon’s chief executive during those legal fights was Rex Tillerson, who was recently confirmed as U.S. secretary of state and has worked extensively in Russia. “It should be lost on no one that in less than 48 hours, the Republican-controlled Senate has confirmed the former head of ExxonMobil to serve as our secretary of state, and repealed a key anti-corruption rule that Exxon Mobil and the American Petroleum Institute have erroneously fought for years,” Senator Ben Cardin of Maryland said, referring to the oil industry’s trade group. Exxon and other major energy corporations fought for years to block the rule, required by the 2010 Dodd-Frank Wall Street reform law.  Cardin, the senior Democrat on the foreign relations committee, wrote the Dodd-Frank section on the payments to foreign governments with Richard Lugar, a former Republican senator. Critics of the rule said it duplicated existing regulations,  was too costly and burdensome for companies to implement and that it put U.S. companies at a competitive disadvantage with state-owned companies in other countries that do not have to divulge such information. The change could give American companies an edge over Canadian and European companies that face some of the toughest transparency rules in the world.  Republicans have taken advantage of a seldom-used law known as the Congressional Review Act to overturn recently enacted rules with simple majorities in both chambers, denying senators the opportunity to filibuster and stall a vote.  Democrats said Republicans were using the review act to help companies not the public. “When it comes to giving public resources to private interests and gutting our nation’s health, environmental and financial standards, the Republicans can’t seem to act fast enough,” said Representative Raul Grijalva. “Whoever they’re doing this for, it isn’t the American public.”       The Congressional Review Act also bars agencies from revisiting overturned rules, which could pose a legal conundrum for the SEC, which is required by law to enact a payments regulation. The Senate will next consider repealing a rule limiting venting and leaking of the powerful greenhouse gas methane by oil and gas drillers on federal and tribal lands, mostly in the U.S. West. The repeal was passed by the Republican-controlled House on Friday.  The Interior Department finalized the methane rule in November. The oil industry has argued that it would add to costs for new and existing wells. Environmentalists have said the rule would protect human health and return more than $800 million in royalties to taxpayers over 10 years.  politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: republicans ax disclosure emissions rules energywashington reuters republicans friday repealed securities disclosure rule aimed curling corruption energy mining companies voted ax emissions limits drilling operations part push remove regulations attractive industries in vote senate approved resolution eradicate rule requiring companies exon mobil chevron corp publicly state taxes fees paid foreign governments like russia the house representatives already passed measure president donald trump expected sign within days on thursday senate repealed rule would limited coal companies dumping waste streams after number legal battles securities exchange commission june completed regulation supporters said could help expose questionable financial ties companies may foreign governments senate democrats raised concerns exon chief executive legal fights rex tillerson recently confirmed secretary state worked extensively russia it lost one less hours senate confirmed former head exxonmobil serve secretary state repealed key rule exon mobil american petroleum institute erroneously fought years senator ben jardin maryland said referring oil industry trade group exon major energy corporations fought years block rule required wall street reform law jardin senior democrat foreign relations committee wrote section payments foreign governments richard lugar former republican senator critics rule said duplicated existing regulations costly burdensome companies implement put companies competitive disadvantage companies countries diverge information the change could give american companies edge canadian european companies face toughest transparency rules world republicans taken advantage law known congressional review act overturn recently enacted rules simple majorities chambers denying senators opportunity filibuster stall vote democrats said republicans using review act help companies public when comes giving public resources private interests getting nation health environmental financial standards republicans seem act fast enough said representative raul grijalva whoever american the congressional review act also bars agencies revisiting overturned rules could pose legal conundrum sec required law enact payments regulation the senate next consider repealing rule limiting venting leaking powerful greenhouse gas methane oil gas drivers federal tribal lands mostly west the repeal passed house friday the interior department finalized methane rule november the oil industry argued would add costs new existing wells environmentalists said rule would protect human health return million royalties taxpayers years politicsnews