Trump Suspends Enforcement of U.S. Anti-Bribery Law
The executive order pauses prosecutions under the Foreign Corrupt Practices Act, citing concerns over economic competitiveness.
- President Donald Trump signed an executive order halting enforcement of the Foreign Corrupt Practices Act (FCPA), a law prohibiting U.S. entities from bribing foreign officials.
- Attorney General Pam Bondi has been directed to review current and past FCPA cases and draft new guidelines for its enforcement.
- The White House argues the FCPA disadvantages U.S. businesses globally by restricting practices common among foreign competitors.
- Critics, including anti-corruption watchdogs, warn the move undermines efforts to combat global corruption and could damage the U.S.'s reputation as a leader in ethical business practices.
- The decision raises questions about its potential impact on ongoing investigations, such as allegations of bribery involving India's Adani Group.