Kevyn wrote:
In the newest chapter on President Donald Trump and the rule of law, administration officials are considering changing the statute making it illegal for American corporations to bribe foreign officials.
Asked Friday about the possibility of changes to the Foreign Corrupt Practices Act, White House Economic Adviser Larry Kudlow said it was under consideration, Bloomberg reported.
“I would just say: We are aware of it, we are looking at it, and we’ve heard complaints from some of our companies,” Kudlow told a reporter. “I don’t want to say anything definitive policy-wise, but we are looking at it.”
Trump’s reported push to make it legal to bribe foreign officials was raised in the new book “A Very Stable Genius,” written by Pulitzer Prize-winning Washington Post reporters Philip Rucker and Carol D. Leonnig. The authors said that Trump clashed with former Secretary of State Rex Tillerson as he pressed to scrap FCPA.
“It’s just so unfair that American companies aren’t allowed to pay bribes to get business overseas,” Trump is quoted in the book as saying, according to a passage published by The Washington Post. “We’re going to change that.”
In the newest chapter on President Donald Trump an... (
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