REPORTS say another imminent executive order by US president Donald Trump, this time rolling back a rule aimed at reducing violence and promoting “conflict-free” minerals in the Democratic Republic of Congo (DRC), is expected this week.
The rule in question sits inside section 1502 of the Dodd-Frank Act, the law that overhauled financial regulation in the wake of the 2007-2009 global meltdown.
The draft executive order, obtained by The Guardian and Intercept, claims to be acting out of concern over “mounting evidence” that instead of preventing minerals from fuelling conflict, the law is actually causing harm and contributing to instability in the region. International aid and activist groups, including Global Witness, are in uproar, claiming Trump’s move will embolden criminality and corruption.
However, some experts beg to differ and suggest Trump may actually have a point.