--- title: Legislative Changes by Trump and Consumer Implications description: Legislative Changes by Trump and Consumer Implications image: https://go.adherent.com/hubfs/Imported_Blog_Media/mining-excavator-1736293_960_720-300x200-1.jpg --- [![](https://www.complianceandrisks.com/wp-content/themes/compliancerisk/inc/img/general/compliancelogo.svg)](https://www.complianceandrisks.com/) - Products Products - - [C2P](https://www.complianceandrisks.com/c2p-compliance-knowledge-management-platform/) - [Regulations Management](https://www.complianceandrisks.com/solutions/conquering-the-regulatory-avalanche/) - [Standards Management](https://www.complianceandrisks.com/solutions/standards/) - [Requirements Management](https://www.complianceandrisks.com/solutions/heres-the-regulation-whats-next/) - [Regulatory Topics](https://www.complianceandrisks.com/solutions/regulated-areas/) - [WFSGI Compliant Labelling Requirements Database](https://www.complianceandrisks.com/WFSGI/) - Services Services - [Market Access Service](https://www.complianceandrisks.com/solutions/grow-in-new-markets/) - [Regulatory Process Consulting](https://www.complianceandrisks.com/solutions/best-practices-in-compliance-processes/) - [Environmental, Health & Safety (EH&S)](https://www.complianceandrisks.com/solutions/ehs-and-your-legal-registers/) - [Managed Services](https://www.complianceandrisks.com/solutions/solutions-for-every-day/) - [Training and Systems Implementation](https://www.complianceandrisks.com/solutions/training-and-systems-implementation/) - [Ask Our Experts](https://www.complianceandrisks.com/solutions/your-compliance-question) - Resources News & Resources - [Blog](https://blog.complianceandrisks.com/news-resources?__hstc=67571022.c37393069837d66fdddfdab74b5ad3c6.1593078357468.1593078357468.1593078357468.1&__hssc=67571022.1.1593078357469&__hsfp=693435645) - [Commentary & Analysis](https://blog.complianceandrisks.com/commentary-analysis?__hstc=67571022.c37393069837d66fdddfdab74b5ad3c6.1593078357468.1593078357468.1593078357468.1&__hssc=67571022.1.1593078357469&__hsfp=693435645) - [COVID-19](https://www.complianceandrisks.com/covid-19/) - [Webinars](https://www.complianceandrisks.com/webinars/) - [White Papers & eBooks](https://www.complianceandrisks.com/whitepapers/) - [About](https://www.complianceandrisks.com/about/) Compliance & Risks - [About Us](https://www.complianceandrisks.com/about/) - [Industries](https://www.complianceandrisks.com/compliance-requirements-industries/) - [History](https://www.complianceandrisks.com/compliance-and-risks-history/) - [Careers](https://www.complianceandrisks.com/compliance-risks-careers/) - [Knowledge Partners](https://www.complianceandrisks.com/knowledge-partners/) - [Partners & Affiliates](https://www.complianceandrisks.com/becoming-a-compliance-risks-partner/) - [Get in touch](https://www.complianceandrisks.com/contact/) COVID-19 Regulatory Developments [Find Out More](https://www.complianceandrisks.com/covid-19/) - [Book a demo](https://www.complianceandrisks.com/book-a-demo/) - [Eng](https://complianceandrisks.com) - [日本語](http://complianceandrisks.jp/) ![](https://www.complianceandrisks.com/wp-content/themes/compliancerisk/inc/img/general/burger.svg) Search for: # Legislative Changes by Trump and Consumer Implications --- ##### 01 March 2017 [![mining-excavator-1736293\_960\_720](https://go.adherent.com/hs-fs/hubfs/Imported_Blog_Media/mining-excavator-1736293_960_720-300x200-1.jpg?width=300&height=200&name=mining-excavator-1736293_960_720-300x200-1.jpg)](https://go.adherent.com/hubfs/Imported_Blog_Media/mining-excavator-1736293_960_720-1.jpg)**What implications will the passage of the resolution on resource extraction disclosures (H.J.Res. 41) have on consumer goods in the US?** The resolution was signed into law on February 14, 2017 by President Trump. The resolution overturned a rule that mandated disclosure of payments from oil and mining companies to the US or foreign governments. This action pertains to the oil and mining industries, not that of consumer products. Presently, the section of the Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) that does pertain to consumer products remains untouched. However, if the controversial rule regarding conflict minerals is overturned, it would mean less responsibility for the industry. Manufacturers and importers of consumer products with parts mined abroad will no longer need to show documentation that said products do not contain "conflict minerals". H.J.Res. 41:[https://www.congress.gov/bill/115th-congress/house-joint-resolution/41](https://www.congress.gov/bill/115th-congress/house-joint-resolution/41) Dodd-Frank:[https://www.gpo.gov/fdsys/pkg/PLAW-111publ203/html/PLAW-111publ203.htm](https://www.gpo.gov/fdsys/pkg/PLAW-111publ203/html/PLAW-111publ203.htm) In addition, a number of Trump's picks seem likely to cut their agencies' abilities to govern. The Acting Chairman of the Securities and Exchange Commission (SEC), Michael S. Piwowar, is a good example, as he has issued a public statement directing the SEC to reconsider the agency's conflict minerals rule: [https://www.sec.gov/news/statement/reconsideration-of-conflict-minerals-rule-implementation.html](https://www.sec.gov/news/statement/reconsideration-of-conflict-minerals-rule-implementation.html) **Compliance & Risks will host a webinar on ‘**[**Brexit & Trump: What They Mean for Environmental Regulatory Compliance**](https://attendee.gotowebinar.com/register/2961029174825841410)**’ with experts from both sides of the Atlantic providing an overview of key issues and a giving their opinions on that state of play, what the key compliance issues are and what's next?** ### Written by [Beth McCalister](https://go.adherent.com/news-resources-old/author/beth-mccalister) - - - - ## Featured Posts --- ![Stacey Bowers to Present at ICPHSO 2022 Annual Meeting & Training Symposium](https://go.adherent.com/hubfs/icphso%202022%20(1).png) [Stacey Bowers to Present at ICPHSO 2022 Annual Meeting & Training Symposium](https://go.adherent.com/news-resources/stacey-bowers-to-present-at-icphso-2022-annual-meeting-training-symposium) 26 January 2022 ![Regulating Explosive Atmospheres in the Workplace](https://go.adherent.com/hubfs/Regulating%20Explosive%20Atmospheres%20in%20the%20Workplace.png) [Regulating Explosive Atmospheres in the Workplace](https://go.adherent.com/news-resources/regulating-explosive-atmospheres-in-the-workplace) 25 January 2022 ![What's Trending in Product Compliance?](https://go.adherent.com/hubfs/Trending%20Jan%2022.png) [What's Trending in Product Compliance?](https://go.adherent.com/news-resources/whats-trending-in-compliance-jan-22) 24 January 2022 #### Ireland Office   Unit 9 Eastgate Avenue Eastgate Business Park Little Island Cork Ireland +353 (0)21 435 1990 [info@complianceandrisks.com](mailto:info@complianceandrisks.com) #### US Offices   New York 50 Fountain Plaza Suite 1400 Buffalo NY 14202 +1 716 939 1951   California P.O.Box 309 8712 Marysville Road Oregon House, CA 95962 – 0309 +1 530 216 4455 [![Compliance Logo](https://go.adherent.com/hubfs/Compliance_and_Risks_January2018/Images/compliancelogo.svg)](http://www.complianceandrisks.com/) #### Information - [Solutions](https://www.complianceandrisks.com/c2p-platform/) - [Industries](https://www.complianceandrisks.com/industry-solutions/) - [News & Resources](https://www.complianceandrisks.com/resources/) - [About Us](https://www.complianceandrisks.com/about-us/) - [Get in touch](https://www.complianceandrisks.com/contact/) - [About Us](http://www.complianceandrisks.com/about/) - [Get in touch](http://www.complianceandrisks.com/contact/) [![Compliance Logo](https://go.adherent.com/hubfs/Compliance_and_Risks_January2018/Images/compliancelogo.svg)](http://www.complianceandrisks.com/) © 2021 Compliance and Risks Ltd. | [Privacy Policy](http://www.complianceandrisks.com/privacy-policy/)