As Trump pauses enforcement of an anti-bribery law, will pharma engage in bad behavior?

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Trump legalizes bribery, abroad and at home

WASHINGTON—Republican President Donald Trump, who as an ex-builder always brags about his deal-making prowess, has legalized bribery both abroad and at home—because it helps in deal-making. In one big action that raised eyebrows, Trump told his Attorney General, Pam Bondi, to suspend enforcement of the Foreign Corrupt Practices Act (FCPA), a statute that prohibits U.S. businesses from bribing foreign officials to win their nations’ business, for…

STAT

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As Trump pauses enforcement of an anti-bribery law, will pharma engage in bad behavior?

Between 2011 and 2020, 10 of the world’s largest pharmaceutical companies paid a combined $1.34 billion in fines to the U.S. government for bribing foreign officials in order to boost purchases of their medicines. The law that made it possible is the Foreign Corrupt Practices Act, which has been credited with making changes in long-standing industry business practices. Now, though, President Trump has hit the pause button. In an executive order …

CBS News

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Trump freezes U.S. law banning bribery of foreign officials

Although President Trump can't overturn the Foreign Corrupt Practices Act, experts say he can change how it is enforced.

Corruption by Cops

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Trump Eases Enforcement of Law Banning Overseas Bribes (1) – Bloomberg Law – Corruption By Cops

Trump Eases Enforcement of Law Banning Overseas Bribes (1)  Bloomberg Law Source link

LexBlog

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President Trump Pauses FCPA Enforcement — Will UK and European Prosecutors Step In and Become Global Enforcers?

The US executive order halts new and existing foreign bribery investigations — but enforcement risk in the UK and Europe remains. By Pamela Reddy, Nathan Seltzer, Clare Nida, Annie Birch, and Matthew Unsworth On 10 February 2025, President Trump issued an executive order titled “Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security” (the Order). Among other things, the Order pauses new prosecutions …

Agência Pública

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On February 10, Donald Trump issued an executive order directing the Department of Justice to suspend enforcement of the Foreign Corrupt Practices Act (FCPA) for 180 days and reassess its strategy for new prosecutions. According to the order, American national security “depends in substantial part on the United States and its companies obtaining strategic commercial advantages, whether in critical minerals, deep-water ports, or other essential i…