President Donald Trump signed an executive order rolling back enforcement of a law that bars US companies from bribing 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. All current and past actions will also be reviewed.
The act bars a company or person with US links to pay money or offer gifts to foreign officials as a way to win business overseas. Trump weighed ...
