Summary
Donald Trump plans to sign an executive order pausing enforcement of the Foreign Corrupt Practices Act (FCPA), which prohibits U.S. and foreign firms from bribing foreign officials.
The move aims to prevent American businesses from being disadvantaged against foreign competitors. The Department of Justice will review past cases and develop new enforcement guidelines.
The FCPA, enacted in 1977, carries significant penalties for violations. The DOJ pursued 24 FCPA cases in 2024 and 17 in 2023.
Critics warn that halting enforcement could encourage corruption and undermine global business ethics.
I’m trying to figure out how this saves him or his children in the future. Mind immediately goes to the condo sale to UAE or whoever, but it could be any number of situations with this stupid fuck.
It’s for his buddies who want to take over other countries’ governments with a flood of political “donations” like they do in the US.
Citizens United was a test run that Democrats let run rampant because they, too, benefited from the system. And here we are.
I hate the “both sides” arguments, but in this specific situation…
I"m not saying most democrats aren’t also corrupt, I’m just providing context as to what this executive order is attempting to accomplish.
Nah, that was more just where my internal commentary went!