Elizabeth Warren Wants To Punish Companies Like Exxon For Lying To Federal Agencies

  • 📰 BuzzFeed
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Warren's plan targeting companies for spreading misinformation comes as Exxon has been sued in multiple states for lying to investors about climate risks.

Under the plan, Warren proposes creating a new “corporate perjury” law to hold companies accountable for submitting misinformation to federal regulators, such as in the public comment period for a new rulemaking. Companies that violate the law could face criminal liability, resulting in upwards of $250,000 in fines or jail time for the people who submitted the deceitful information.

She also recommends banning “federal agencies and courts from considering non-peer-reviewed, industry-funded research.” So if a company submits research for a proposed rulemaking, it would have to disclose how it was funded, whether the funders influenced the research, and detail the relationship between funders and researchers. Research with conflict of interest would likely be excluded from the rulemaking, as well as from any future court challenges to that rule.

Warren proposes creating a national Office of the Public Advocate to make it easier for the public to engage in the federal rulemaking process.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 730. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good luck! Big business runs this country and it’s government.

Will she punish herself for lying about being native american?

Warren is the last person to ask others to be punished for lying and gaining from it.

this isnt gonna cut it. if we want trump out we need to have one very solid candidate that appeals to millenials and older voters and even independents. we need to all band together behind them. these could of shitty candidates now aren't going to get him outta there.

And for manipulating the US Government!

Ireland Ireland Latest News, Ireland Ireland Headlines