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Trump halts enforcement of FCPA, directs AG Bondi to revise guidance

Image of President Donald Trump in the Oval Office.
Photo: Anna Moneymaker/Getty Images

The anti-bribery law has undergirded landmark DOJ cases, including one against Goldman Sachs for over $2.9 billion in penalties in 2020.

President Donald Trump just signed an executive order directing the Department of Justice (DOJ) to pause enforcing a much-used 1977 law that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

“It sounds good, but it hurts the country,”