Meanwhile, this is actually happening: Trump is rolling back anti-bribery regulations, arguing that our inability to bribe other countries is unfairly disadvantaging US business interests.
"President Donald Trump is set to sign an executive order rolling back enforcement of a law that makes it illegal for US companies to bribe foreign officials, arguing that the restriction puts American firms at a disadvantage.
Trump is ordering Attorney General Pam Bondi to pause actions taken under the Foreign Corrupt Practices Act until she issues new enforcement guidelines, according to a fact sheet on the executive order, a copy of which was seen by Bloomberg News. All current and past actions will also be reviewed."
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gary
in reply to BrianKrebs • • •Padjo
in reply to BrianKrebs • • •BrianKrebs
in reply to Padjo • • •jay_chi
in reply to BrianKrebs • • •Yes, it does put them at a disadvantage. Too bad.
US firms should behave like US firms and espouse American/Western morals. If a firm operates in the USA, then it should not promote bribery elsewhere.
If the subject was not "bribery" and instead was "use of child labor", everyone would be against weakening protections.
Stacey Holleran
in reply to BrianKrebs • • •CynBlogger™️🙈🙉🙊
in reply to BrianKrebs • • •This was an episode in “Madam Secretary.”
Maybe the White House should watch “The West Wing” instead - or “The Newsroom.” Or just hire Aaron Sorkin.
B'ad Samurai 🐐
in reply to BrianKrebs • • •[World] left channel
m0n90053
in reply to BrianKrebs • • •SueDiOh
in reply to BrianKrebs • • •jbowles
in reply to BrianKrebs • • •well, i mean, it is isn't it? not that i support it. same as countries that don't really have "privacy" laws gives them an advantage in AI.
but the idea of a "shining city of/on the hill" (j.f. kennedy and reagan both used this term)[which i always track back to Austine's "City of God", as well Jesus' Sermon on the Mount] is that we hold ourselves to integrity EVEN in the face of possible defeat
seems that any political leader so endowed with heavenly authority should hold scrutiny against such foundational christian ideas... but we've collectively been thru this already and see that plenty of biblical illiterate people find no conflict here
Arena Cops 🇺🇦✌
in reply to BrianKrebs • • •The demented psychopathic First Felon is busy building his own mafia state, with the help of the Heritage Foundation, Leonard Leo, Elon Musk, Opus Dei, Clarence Thomas et al & their criminal subversive "Project 2025".
A lot to roll back, when he's finally in geriatric prison care.
#RuleOfLaw #Project2025 #Coup #FirstFelon #CoupDEtat #Subversion #Insurrection #Corruption #Bribery #MafiaState #AccountabilityMatters #Law #Justice #Democracy #RuleOfThePeople #ProtectThePeople #USPol #USPolitics
Tobias Frech
in reply to BrianKrebs • • •Scooter 🇺🇦 🇳🇿
in reply to BrianKrebs • • •NO PULSE
in reply to BrianKrebs • • •huntingdon
in reply to BrianKrebs • • •As with all of FDR's progressive legislation, big companies have opposed and wanted to undo the FCPA since Congress enacted it in 1977. Why did Congress enact it? For one thing, a major bribery scandal involving Boeing in Japan brought down the govt.
Companies have managed to work with it for nearly 50 years. They can do it for another 50. But notice how Trump hasn't the balls to ask Congress to rescind the legislation? Gutless braggart.
Samhain Night
in reply to BrianKrebs • • •Hal Pomeranz
in reply to BrianKrebs • • •Alf No Problem
in reply to BrianKrebs • • •(Pay wall...)
jbowles
in reply to BrianKrebs • • •Matt Palmer
in reply to BrianKrebs • • •Bill Zaumen
in reply to BrianKrebs • • •NB_Bird
in reply to BrianKrebs • • •huntingdon
in reply to BrianKrebs • • •Cat West
in reply to BrianKrebs • • •Bummer
in reply to BrianKrebs • • •