Quotes
It sounds good on paper, but in practicality, it's a disaster,
Trump said about the FCPA It means that if an American goes over to a foreign country and starts doing business over there illegally, legitimately or otherwise, it's almost a guaranteed investigation indictment. And nobody wants to do business with the Americans because of it,
The title is so lovely, but it's an absolutely horror show for America,
[This decision] diminishes – and could pave the way for completely eliminating – the crown jewel in the US's fight against global corruption."
Gary Kalman, executive director of Transparency International, in a statement to The Guardian We have to save our country. Every policy must be geared toward that which supports the American worker, the American family, and businesses, both large and small, and allows our country to compete with other nations on a very level playing field..."
President Donald Trump, in his executive order It was a Jimmy Carter concept, and it sounds so good, but it's so bad. It hurts the country and many, many deals are unable to be made because nobody wants to do business,
President Trump is committed to prioritizing American economic and security interests and ensuring U.S. businesses have the tools to succeed globally,
American national security depends on America and its companies gaining strategic commercial advantages around the world, and President Trump is stopping excessive, unpredictable FCPA enforcement that makes American companies less competitive,
according to a copy of a White House factsheet seen by Reuters Future FCPA investigations and enforcement actions will be governed by this new guidance and must be approved by the attorney general,
It’s going to mean a lot more business for America,
U.S. companies are harmed by FCPA overenforcement because they are prohibited from engaging in practices common among international competitors, creating an uneven playing field,
A pause in enforcement to better understand how to streamline the FCPA to make sure it's in line with economic interests and national security."
A White House official confirmed the report, telling CNBC
