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.

  • Xanthobilly@lemmy.world
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    24 hours ago

    We are totally fucked until the rubes wake up and realize how bad all of this is. I’m not optimistic they will because propaganda has gotten so good.

    • Corkyskog@sh.itjust.works
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      3 hours ago

      Were at the point where some voting age adults haven’t seen, heard or read anything other than what Fox, Breitbart and conservative radio tells them.

      A “news” channel that claims its not news whenever it gets brought to court. And this propaganda network rolls 24/7.

  • CMLVI@lemmy.world
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    23 hours ago

    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.

    • nandeEbisu@lemmy.world
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      22 hours ago

      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.

      • CMLVI@lemmy.world
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        21 hours ago

        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…

        • nandeEbisu@lemmy.world
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          21 hours ago

          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.

  • Trebuchet@lemm.ee
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    11 hours ago

    It’s really interesting watching how professional anti fraud and corruption associations like ACAMS and ACFE are saying absolutely nothing about these moves. Bodies which go on about professional integrity exhibiting a complete absence of spine.

  • adarza@lemmy.ca
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    22 hours ago

    just because you ain’t prosecuting, don’t make it legal.

    i guess they aren’t planning on leaving power even after the term ends. future admin or doj would likely go after those who take advantage of lord diaper’s asinine ‘order’.