Section 1504 of the Dodd-Frank Wall Street reforms, a bipartisan amendment that required drilling and mining companies to disclose any payments they make to foreign governments.
The GOP is preparing to try to kill the disclosure rule created under Section 1504, despite warnings from international aid groups that the move would provide a wink-and-nod blessing to hidden corporate payments to petro-thugs.
Now this is what Indiana has to do with it. Mike Pence favors it and Dick Lugar has strongly opposed it.
If this were a boxing match here is how the combatants stack up:
Born in Indianapolis, Indiana, Lugar is a graduate of Denison University and Oxford University. He served on the Indianapolis Board of School Commissioners from 1964 to 1967 before he was elected to two terms as Mayor of Indianapolis, serving from 1968 to 1976. During his tenure as Mayor, Lugar served as the President of the National League of Cities in 1971 and gave the keynote address at the 1972 Republican National Convention.
In 1974, Lugar ran a failed campaign for the U.S. Senate, losing to incumbent Democratic senator Birch Bayh. He ran again in 1976, defeating Democratic incumbent Vance Hartke. Lugar was reelected in 1982, 1988, 1994, 2000 and 2006. In 2012, Lugar was defeated in a primary challenge by Indiana State Treasurer Richard Mourdock, ending his 36-year tenure in the U.S. Senate. Mourdock went on to lose the general election to Democrat Joe Donnelly.
Born and raised in Columbus, Indiana, Pence graduated from Hanover College and earned a law degree from the Indiana University Robert H. McKinney School of Law before entering private practice. After losing two bids for a U.S. congressional seat in 1988 and 1990, he became a conservative radio and television talk show host from 1994 to 1999. Pence was elected to the United States Congress in 2000 and represented Indiana’s 2nd congressional district and Indiana’s 6th congressional district in the United States House of Representatives from 2001 to 2013.
Take your pick.