European Union

Trump, opponents celebrated ending a federal rule, but the fight isn't over — and it could have lasting impact

Trump, opponents celebrated ending a federal rule, but the fight isn't over — and it could have lasting impact

When President Donald J. Trump put his name to the first bill to repeal an Obama-era federal regulation four months ago, he framed the "big signing" as part of a broader push to improve the economy and slash burdensome rules for the energy sector.

The legislation, approved on mostly party-line votes in Congress, unwound a Securities and Exchange Commission anti-corruption rule that required oil and mining firms to disclose how much they pay to foreign governments to drill in their countries.

"A lot of people going back to work now," the president said in the Oval Office in early February. "The energy jobs are coming back."

But the...