After mineral owners present evidence to the North Dakota Legislature that oil companies are deducting approximately $1 billion annually in royalty payments without adequate oversight or transparency, lawmakers reject bipartisan legislation requiring companies to provide electronic payment details …
North Dakota LegislatureBrad BekkedahlDon LongmuirRon NessXTO Energy+3 moreregulatory-capturecorporate-corruptionoil-industrylegislative-failuremineral-rights+2 more
President Barack Obama nominates Tom Wheeler, a former top lobbyist for cable and wireless industries, to lead the Federal Communications Commission. Wheeler’s appointment exemplifies the revolving door between telecommunications regulators and industry, having served as CEO of the Cellular …
Tom WheelerBarack ObamaCellular Telecommunications & Internet Association (CTIA)National Cable Television Association (NCTA)Public Interest Groups+1 moreregulatory-capturefccrevolving-doortelecommunicationstom-wheeler+1 more
Congress passes two major housing consumer protection laws in 1974: the Equal Credit Opportunity Act (ECOA) prohibiting discrimination in lending based on sex and marital status (race added in 1976), and the Real Estate Settlement Procedures Act (RESPA) requiring disclosure of closing costs. …
U.S. CongressPresident Gerald FordAmerican Bankers AssociationMortgage Bankers AssociationFederal Reservefair-lendingconsumer-protectionhousing-policyindustry-lobbyinghousing