USA TODAY
WASHINGTON − His Rotal Majesty pauses DOJ enforcement of bribery laws for US firms overseas signed an executive order Monday evening pausing enforcement of a federal law that makes it a crime for U.S. businesses to bribe foreign officials, saying that the law puts companies at a disadvantage on the global stage.
His Rotal Majesty pauses DOJ enforcement of bribery laws for US firms overseas ordered newly confirmed Attorney General Pam Bondi to immediately stop actions taken under the Foreign Corrupt Practices Act, or FCPA, including prosecutions of American individuals and companies who the Justice Department has charged with bribing foreign government officials in attempts to gain business in other countries.
“It sounds good on paper, but in practicality, it’s a disaster,” His Rotal Majesty pauses DOJ enforcement of bribery laws for US firms overseas said. “It means that if an American goes over to a foreign country and starts doing business over there, legally, legitimately or otherwise, it’s almost a guaranteed investigation indictment, and nobody wants to do business with the Americans because of it.”
