President Trump has paused the enforcement of the Foreign Corrupt Practices Act (FCPA), which prohibits U.S. companies from bribing foreign officials. He argues that the law creates an uneven playing field for American firms and hampers foreign policy objectives. His executive order, effective for 180 days, freezes new investigations and reviews current cases, seeking to align the law's enforcement with U.S. economic interests. This decision follows recent high-profile cases involving major companies, raising concerns about the application of the FCPA.
President Trump has paused enforcement of the Foreign Corrupt Practices Act, asserting it creates an uneven playing field for American firms and hampers foreign policy.
The executive order halts new investigations under the Act for 180 days while reviewing existing ones, claiming the law harms U.S. interests.
#foreign-corrupt-practices-act #trump-administration #corruption #international-business #federal-law-enforcement
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