this post was submitted on 10 Feb 2025
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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.

top 20 comments
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[–] [email protected] 91 points 1 week ago (2 children)

Rooting out corruption...by legalizing corruption.

[–] Buffman 21 points 1 week ago

I used the corruption to destroy the corruption.

[–] [email protected] 2 points 1 week ago (1 children)
[–] [email protected] 3 points 1 week ago

That..that actually sounds significantly worse.

[–] Xanthobilly 87 points 1 week ago (2 children)

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.

[–] [email protected] 44 points 1 week ago

And education has gotten so bad.

[–] [email protected] 2 points 1 week 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.

[–] FlyingSquid 44 points 1 week ago (1 children)

He apparently drained the swamp and replaced with with a bog. A very sulphurous one.

[–] [email protected] 22 points 1 week ago

We would be lucky to have a bog. Now we have a prison septic tank.

[–] [email protected] 21 points 1 week ago
[–] Wooki 14 points 1 week ago* (last edited 1 week ago)

Goodbye trade agreements, why risk trade with a corrupt institution

[–] CMLVI 12 points 1 week ago (1 children)

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 12 points 1 week ago (1 children)

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 4 points 1 week ago (1 children)

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 3 points 1 week ago (1 children)

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.

[–] CMLVI 3 points 1 week ago

Nah, that was more just where my internal commentary went!

[–] [email protected] 7 points 1 week ago* (last edited 1 week 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.

[–] motor_spirit 4 points 1 week ago

Lmfao this is the important shit they needed to get to alongside projecting the trans kink 🏳️‍🌈

[–] kikutwo 3 points 1 week ago

One sec, just need to bribe a few foreign officials. BRB.

[–] [email protected] 2 points 1 week 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'.