Trump Signs Executive Order Pausing Foreign Corrupt Practices Act Enforcement

President Trump signed an Executive Order titled 'Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security,' directing Attorney General Pam Bondi to halt new FCPA investigations and enforcement actions pending a comprehensive review. The order claims the FCPA has been 'systematically stretched beyond proper bounds and abused in a manner that harms the interests of the United States.' The directive suspends enforcement of the anti-bribery law that has been in place since 1977, ostensibly to 'eliminate excessive barriers to American commerce abroad' and 'restore American competitiveness.' Critics expressed concern that pausing enforcement of anti-corruption laws could enable corporate bribery and undermine U.S. credibility in fighting international corruption. The action raises questions about potential conflicts of interest, particularly given Trump Organization's international business dealings and past scrutiny under anti-corruption frame...

"Since its enactment in 1977, the Foreign Corrupt Practices Act has been systematically, and to a steadily increasing degree, stretched beyond proper bounds and abused in a manner that harms the interests of the United States." — From the Executive Order directing the Attorney General to pause FCPA enforcement