Congress Tackles Conflict Minerals via Financial Reform Bill

 

Enough’s advocacy team has called this week – and yesterday in particular – the most important moment for Congo in the U.S. Congress in years. In record numbers, advocates responded to the red alert calls to action, and pressed key senators to ensure that an amendment on Congo’s conflict minerals was included in the financial reform bill.

At around 10:30 last night, after a full day of considering potential amendments, the conference committee accepted the conflict minerals language introduced by Senator Sam Brownback (R-KS) into the final version of the bill. Not only was it accepted without opposition during the voice vote, key provisions around independent audits were strengthened.

The House and Senate still need to vote on the full financial reform legislation (slated for next week), but advocates can claim an important victory for helping ensure that the conflict minerals component – with the strong provisions we advocated for – is part of that bill.

Reacting to the news, Enough’s John Prendergast said, "A year ago most members of Congress hadn't even heard of conflict minerals. In the middle of a turbulent legislative calendar, activists all over the country were heard loudly and clearly: We demand conflict-free products and we expect our legislators to do all they can to ensure that."

Watch how it played out in the committee: 

Of course, we’ll be monitoring the vote on final passage of the financial reform bill closely, so stay tuned.

In the meantime, please join us in thanking the members of Congress who played a pivotal role this week in ensuring that the U.S. government takes a proactive role in addressing the conflict minerals trade in Congo. And perhaps most importantly, thank you to all of the Congo advocates and concerned consumers who mobilized on Facebook and over the phone this week to press Congress to take strong action to end the trade in conflict minerals from Congo. Congratulations – your message was heard.

A Senate staff member said that the SEC was chosen because it was the "most appropriate agency" for public filings, which were seen as testking 642-975 | testking 642-426 a means of shedding greater transparency on the use of conflict minerals. Sasha Lezhnev, a policy adviser with The Enough Project, said that those filings will be of particular interest testking 1Y0-A09 | testking 1Y0-A15 to institutional investors. According to Lezhnev, "Investors have taken a great interest in this issue over the past year, with a large testking SK0-003 | testking 642-504 number of them writing to end-user companies."

Rick Goss, vice president for environment and sustainability at the Information Technology Industry Council (ITI), testking 642-973 | testking 650-177 doesn't question the selection of the SEC, but he does note that conflict mineral reporting represents a "new issue" for the agency.
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At around 10:30 last night, after a full day of considering potential amendments, the conference committee accepted the conflict minerals language introduced by Senator Sam Brownback (R-KS) into the final version of the bill. Not only was it accepted without opposition during the voice vote, key provisions around independent audits were strengthened.Enough’s advocacy team has called this week – and yesterday in particular – the most important moment for Congo in the U.S. Congress in years. In record numbers, advocates responded to the red alert calls to action, and pressed key senators to ensure that an amendment on Congo’s conflict minerals was included in the financial reform bill.

At around 10:30 last night, after a full day of considering potential amendments, the conference committee accepted the conflict minerals language introduced by Senator Sam Brownback (R-KS) into the final version of the bill. Not only was it accepted without opposition during the voice vote, key provisions around independen
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william
IT Consultant
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Congratulations Enough on this major victory! Thank you to all of the many activists who have pushed for this back home in Utah and all over the country. Advocacy work is hard, but it's all about the little victories-this is a huge step forward!

They actually need to settle everything in order to avoid any possible problem with financial reform bill. In this way, conflicts between the two issues can will be addressed immediately.