WAMU 88.5 : News

Filed Under:

Cardin Wants Lawsuit Over His Bill Dismissed

Play associated audio

Maryland Sen. Ben Cardin helped author a provision in the Wall Street financial reform bill passed in 2010 that makes oil, mining and gas companies disclose payments they make to host governments in countries where they do business.

The Securities and Exchange Commission wrote rules to enforce the law last year, but the American Petroleum Institute sued to stop the SEC from enacting the law. Cardin argues companies are not allowed to impede the power laws like this that were passed by Congress and approved by the president.

Supporters like Ian Gary of Oxfam America are guardedly optimistic a court will side with them.

"We think we have the facts on our side and that the oil industries arguments are frivolous," says Gary. "But you can't predict what's going to happen in a court case."

API has argued the law put US companies at a competitive disadvantage as compared to others than do not have to follow it.

NPR

Book Review: 'In Praise Of Hatred'

Alan Cheuse reviews the novel In Praise of Hatred, by Khaled Khalifa. The book, which was recently translated to English, features a young Muslim girl in 1980s Syria.
NPR

Fast-Food CEOs Earn Supersize Salaries; Workers Earn Small Potatoes

A new report finds that the average compensation of fast-food CEOs has quadrupled since 2000. By comparison, worker wages have increased less than 1 percent.
NPR

Green GOP Group Caught Between 'Rock And A Hard Place'

On Earth Day 2014, it wasn't easy being an environmental organization in the Republican Party. The big donors who write checks aren't much interested in the environment.
NPR

Online Sales Taxes Shift Consumer Behavior, Study Shows

Some states have enacted so-called Amazon taxes, forcing the giant online retailer to collect sales taxes the same way traditional stores do. In those states, Amazon's sales fell about 10 percent.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.