Republicans to kill U.S. rules on corruption, environment, labor and guns next weekWASHINGTON (Reuters) - Congressional Republicans are set to overturn a slew of Obama-era regulations next week, including a controversial anti-bribery rule aimed at U.S. resource companies such as Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), according to a top lawmaker. After six years of legal battles, the U.S. Securities and Exchange Commission in June approved the rule requiring companies to disclose payments to foreign governments. It will probably be killed swiftly with two simple congressional votes.  Other rules eyed for quick overturning by Congress include newly minted environmental, gun control and labor relations measures, sources said.  Under the Congressional Review Act, Congress can use simple majority votes to stop recent regulations in their tracks. The timing in the law means that any rules that became final after May 31 could go on the chopping block.  House of Representatives Majority Leader Kevin McCarthy, the second-most powerful Republican in the chamber, had said he would start using that law quickly after President Donald Trump was inaugurated to help roll back regulations the party considers abusive. House Republicans have been on a blitz of regulatory reform, passing bills to drive down regulations’ costs and create more congressional oversight. The Republican-dominated House will bypass the committee process and go directly to a vote by the entire chamber on a half-dozen resolutions, McCarthy’s spokesman said on Wednesday.  Further rule reversals are likely to come out of various committees, Representative Greg Walden, a Republican from Oregon, said on Tuesday. Given the resolutions only require simple majorities to pass, they will probably sail through the House and then pass the Senate, where Democrats, the minority party, cannot mount a filibuster against them. They could then zoom to the White House for fellow Republican Trump to sign. But Walden also said the Congressional Review Act broadly wipes out entire regulations and forbids agencies from writing new versions in their place. That could be dangerous for a rule with some provisions that Republicans support, he said. Earlier this month, McCarthy said the House would try to kill regulations protecting streams and forests from coal mining’s impacts, curbing methane leaks on public lands, and requiring employers to report workers’ information as part of an attempt to end pay discrimination.  Reforming regulations is as high a priority as undoing the Affordable Care Act and rewriting the tax code, he said. In a Wall Street Journal opinion piece on Wednesday, he also added a rule expanding background checks on gun purchases for disabled Social Security recipients to the hit list, as well as the anti-bribery regulation. Requiring companies to state publicly how much they pay governments in taxes, royalties and other types of fees for exploration and extraction was included in the 2010 Dodd-Frank Wall Street reform law. Regulators struggled for years to make it a reality as the companies said it would drive up their costs. Human rights group Oxfam in 2014 sued the SEC when it stalled on drafting the rule, and in 2015 a federal judge ordered the commission to fast-track it. The commission met the judge’s deadline this summer, with the requirements set to take effect in 2018. politicsNews
republicans kill rules corruption environment labor guns next weekwashington reuters congressional republicans set overturn slew regulations next week including controversial rule aimed resource companies exon mobil corp chevron corp according top lawmaker after six years legal battles securities exchange commission june approved rule requiring companies disclose payments foreign governments it probably killed swiftly two simple congressional votes other rules eyed quick overturning congress include newly minted environmental gun control labor relations measures sources said under congressional review act congress use simple majority votes stop recent regulations tracks the timing law means rules became final may could go chopping block house representatives majority leader kevin mccarthy powerful republican chamber said would start using law quickly president donald trump inaugurated help roll back regulations party considers abusive house republicans blitz regulatory reform passing bills drive regulations costs create congressional oversight the house bypass committee process go directly vote entire chamber resolutions mccarthy spokesman said wednesday further rule reversal likely come various committees representative greg warden republican oregon said tuesday given resolutions require simple majorities pass probably sail house pass senate democrats minority party mount filibuster they could zoom white house fellow republican trump sign but warden also said congressional review act broadly wives entire regulations forbids agencies writing new versions place that could dangerous rule provisions republicans support said earlier month mccarthy said house would try kill regulations protecting streams forests coal mining impacts curling methane leaks public lands requiring employers report workers information part attempt end pay discrimination reforming regulations high priority undoing affordable care act rewriting tax code said in wall street journal opinion piece wednesday also added rule expanding background checks gun purchases disabled social security recipients hit list well regulation requiring companies state publicly much pay governments taxes royalties types fees exploration extraction included wall street reform law regulators struggled years make reality companies said would drive costs human rights group fam sued sec stalled drafting rule federal judge ordered commission the commission met judge deadline summer requirements set take effect 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 to kill U.S. rules on corruption, environment, labor and guns next weekWASHINGTON (Reuters) - Congressional Republicans are set to overturn a slew of Obama-era regulations next week, including a controversial anti-bribery rule aimed at U.S. resource companies such as Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), according to a top lawmaker. After six years of legal battles, the U.S. Securities and Exchange Commission in June approved the rule requiring companies to disclose payments to foreign governments. It will probably be killed swiftly with two simple congressional votes.  Other rules eyed for quick overturning by Congress include newly minted environmental, gun control and labor relations measures, sources said.  Under the Congressional Review Act, Congress can use simple majority votes to stop recent regulations in their tracks. The timing in the law means that any rules that became final after May 31 could go on the chopping block.  House of Representatives Majority Leader Kevin McCarthy, the second-most powerful Republican in the chamber, had said he would start using that law quickly after President Donald Trump was inaugurated to help roll back regulations the party considers abusive. House Republicans have been on a blitz of regulatory reform, passing bills to drive down regulations’ costs and create more congressional oversight. The Republican-dominated House will bypass the committee process and go directly to a vote by the entire chamber on a half-dozen resolutions, McCarthy’s spokesman said on Wednesday.  Further rule reversals are likely to come out of various committees, Representative Greg Walden, a Republican from Oregon, said on Tuesday. Given the resolutions only require simple majorities to pass, they will probably sail through the House and then pass the Senate, where Democrats, the minority party, cannot mount a filibuster against them. They could then zoom to the White House for fellow Republican Trump to sign. But Walden also said the Congressional Review Act broadly wipes out entire regulations and forbids agencies from writing new versions in their place. That could be dangerous for a rule with some provisions that Republicans support, he said. Earlier this month, McCarthy said the House would try to kill regulations protecting streams and forests from coal mining’s impacts, curbing methane leaks on public lands, and requiring employers to report workers’ information as part of an attempt to end pay discrimination.  Reforming regulations is as high a priority as undoing the Affordable Care Act and rewriting the tax code, he said. In a Wall Street Journal opinion piece on Wednesday, he also added a rule expanding background checks on gun purchases for disabled Social Security recipients to the hit list, as well as the anti-bribery regulation. Requiring companies to state publicly how much they pay governments in taxes, royalties and other types of fees for exploration and extraction was included in the 2010 Dodd-Frank Wall Street reform law. Regulators struggled for years to make it a reality as the companies said it would drive up their costs. Human rights group Oxfam in 2014 sued the SEC when it stalled on drafting the rule, and in 2015 a federal judge ordered the commission to fast-track it. The commission met the judge’s deadline this summer, with the requirements set to take effect in 2018. 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 kill rules corruption environment labor guns next weekwashington reuters congressional republicans set overturn slew regulations next week including controversial rule aimed resource companies exon mobil corp chevron corp according top lawmaker after six years legal battles securities exchange commission june approved rule requiring companies disclose payments foreign governments it probably killed swiftly two simple congressional votes other rules eyed quick overturning congress include newly minted environmental gun control labor relations measures sources said under congressional review act congress use simple majority votes stop recent regulations tracks the timing law means rules became final may could go chopping block house representatives majority leader kevin mccarthy powerful republican chamber said would start using law quickly president donald trump inaugurated help roll back regulations party considers abusive house republicans blitz regulatory reform passing bills drive regulations costs create congressional oversight the house bypass committee process go directly vote entire chamber resolutions mccarthy spokesman said wednesday further rule reversal likely come various committees representative greg warden republican oregon said tuesday given resolutions require simple majorities pass probably sail house pass senate democrats minority party mount filibuster they could zoom white house fellow republican trump sign but warden also said congressional review act broadly wives entire regulations forbids agencies writing new versions place that could dangerous rule provisions republicans support said earlier month mccarthy said house would try kill regulations protecting streams forests coal mining impacts curling methane leaks public lands requiring employers report workers information part attempt end pay discrimination reforming regulations high priority undoing affordable care act rewriting tax code said in wall street journal opinion piece wednesday also added rule expanding background checks gun purchases disabled social security recipients hit list well regulation requiring companies state publicly much pay governments taxes royalties types fees exploration extraction included wall street reform law regulators struggled years make reality companies said would drive costs human rights group fam sued sec stalled drafting rule federal judge ordered commission the commission met judge deadline summer requirements set take effect politicsnews