Americans are Concerned About Corporate Power and Abuse; Congress is Not

Contact: 

Valentina Stackl

[email protected]

(202) 466-5188 x100 

Congress made little progress on corporate accountability in 2016, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.

Over the past five years, as we have been closely monitoring Congress’s performance on corporate accountability issues, we have seen little progress overall.

2016 Congressional Report Card on Corporate Accountability

Press Release

 

What does the future hold for the U.S. government’s approach to corporate power, accountability and transparency?

Publication Type: 

Lying to Make Corruption Easier: Our Elected Representatives Hard at Work

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A Vote for Corruption

The events of last week lead many to the conclusion that America’s democracy is being destroyed. But I came to the realization that the American . . .

U.S. House Scraps Anti-Corruption Rule in Latest Boon to Companies Cozy with Foreign Regimes

Contact: 

Valentina Stackl (USA)                  

+1 (202) 466 5188 x100                             

[email protected]

The House of Representatives voted yesterday to undo a landmark anti-corruption rule that shines a light on the revenues foreign governments receive from oil, gas and mining companies. The extractive transparency rule, known as “Section 1504,” was issued by the Securities and Exchange Commission (SEC) at the direction of Congress, who mandated the rule in the bipartisan Cardin-Lugar Amendment in 2010. One of the rule’s key purposes is to deter corruption and crony capitalism in business deals with foreign governments, leveling the playing field for American businesses.

Congress Takes Steps to Gut Anti-Corruption Rules and Enable Crony Capitalism

Contact: 

Valentina Stackl (USA)

+1 (202) 466 5188 x100

In the latest boon to big oil, Congress is planning to introduce a resolution next week to undo a landmark anti-corruption rule that shines a light on the revenues foreign governments receive from oil, gas and mining companies. The extractive transparency rule, known as “Section 1504,” was passed in the bipartisan Cardin-Lugar Amendment in 2010. One of its key purposes is to deter corruption and crony capitalism in business deals with foreign governments, leveling the playing field for American businesses.

New Report Card Shows Congress Still Prioritizes Profits Over People

Contact: 

Valentina Stackl (USA)                                    
+1 (202) 466 5188 x100                                   
[email protected]

Congress made little progress on corporate accountability in 2015, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.

“Congress must promote responsible business practices and provide incentives for businesses to act in the public interest,” says Marco Simons, General Counsel at EarthRights International, a CAC member. “Congress must ensure that people, not profits, are prioritized.”