Страницы

Saturday, February 1, 2020

Corruption

White House eyes backward steps on anti-bribery laws

Larry Kudlow
It's called the Foreign Corrupt Practices Act (FCPA), and its purpose is simple: as part of the United States' effort to combat global corruption, federal law prevents American businesses from paying bribes to foreign officials.
Donald Trump has made no effort to hide his contempt for this law.
In fact, NBC News' Richard Engel appeared on The Rachel Maddow Show a couple of years ago and highlighted a 2012 quote from Trump, in which the future president said, in reference to FCPA, "Now, every other country goes into these places, and they do what they have to do. It's a horrible law and it should be changed. I mean, we're like the policeman for the world. It's ridiculous."
The New York Republican didn't forget about his opposition to the law after taking office. A new book from the Washington Post's Philip Rucker and Carol Leonnig reports that Trump clashed with then-Secretary of State Rex Tillerson in early 2017 because the new president wanted to get rid of the Foreign Corrupt Practices Act. "It's just so unfair that American companies aren't allowed to pay bribes to get business overseas," Trump reportedly said at the time.

No comments:

Post a Comment