US EditionTrump Suspends Enforcement of US Anti-Bribery Law
- President Donald Trump signed an executive order to pause enforcement of the Foreign Corrupt Practices Act to improve American companies’ economic prospects.
- Trump criticized the act, stating it is 'devastating to business opportunities and competitiveness' and creates an uneven playing field for U.S. companies.
- The Department of Justice filed 132 prosecutions and the Securities and Exchange Commission filed 52 between 2017 and 2022 under the act.
- A White House official verified that the enforcement pause aims to align the act with economic interests and national security.
139 Articles
139 Articles
The president orders to suspend actions taken under the 'Foreign Corrupt Practices Act' until new guidelines are outlined
Trump’s pause on foreign bribery laws places US department of justice case into Digicel in limbo
Digicel said in November that it had made a voluntary disclosure to the US department of justice of information ‘relating to possible violations of the US Foreign Corrupt Practices Act’
Trump pauses enforcement, orders review of foreign corruption act
WASHINGTON — President Donald Trump has ordered a pause and review of a law that has defined the activities of U.S. business overseas for nearly five decades, claiming that the strict prohibitions against bribing foreign officials strangle American competitiveness in a tough global market. "It's going to mean a lot more business for America," Trump said as he signed the order on Monday for the Department of Justice to pause ongoing investigati…
Trump Halts Enforcement of Foreign Corrupt Practices Act, Fires Head of Government Ethics Office
President Trump signed an executive order Monday directing the Department of Justice to stop enforcing the Foreign Corrupt Practices Act of 1977, which bars U.S. citizens from bribing foreign government officials to win business. Separately, Trump fired the head of the Office of Government Ethics on Monday. David Huitema was nominated by President Biden and confirmed last November by the Senate, before Trump fired him just weeks into his five-ye…
Associated Press News
Trump's halt of US law banning business bribes abroad raises specter of a 'Wild West' of dealmaking
President Donald Trump's decision to pause enforcement of a law banning companies from bribing foreign government officials threatens to upend a half-century of U.S. policy embraced by both Republican and
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