President Trump on Thursday signed legislation ending a key Obama administration coal mining rule. The bill quashes the Office of Surface Mining's Stream Protection Rule, a regulation to protect waterways from coal mining waste that officials finalized in December. The legislation is the second Trump has signed into law ending an Obama-era environmental regulation. On Tuesday, he signed a Congressional Review Act (CRA) resolution undoing a financial disclosure requirement for energy companies.
Both the mining and financial disclosure bills are the tip of a GOP push to undo a slate of regulations instituted in the closing days of the Obama administration. The House has passed several CRA resolutions, and the Senate has so far sent three of them to President Trump for his signature.
Regulators finalized the stream protection rule in December, but they spent most of Obama’s tenure writing it.
The rule is among the most controversial environment regulations the former administration put together. The coal mining industry said it would be costly to implement and lead to job losses across the sector, which is already suffering from a market-driven downturn in demand for its product.
At the signing, Trump called the regulation "another terrible job killing rule" and said ending it would save "many thousands American jobs, especially in the mines, which, I have been promising you — the mines are a big deal."
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