President says move will ‘mean a lot more business for America’

“It sounds good on paper, but in [practice] it’s a disaster,” Trump said. “It means that if an American goes over to a foreign country and starts doing business over there legally, legitimately or otherwise, it’s almost a guaranteed investigation, indictment and nobody wants to do business with the Americans because of it.”

A White House official said that the country’s “national security depends on America and its companies gaining strategic commercial advantages around the world”.

The official added: “President Trump is stopping excessive, unpredictable FCPA enforcement that makes American companies less competitive.”

https://archive.is/JVoJd#selection-2367.0-2379.139

AND

Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security Executive Order

https://www.whitehouse.gov/presidential-actions/2025/02/pausing-foreign-corrupt-practices-act-enforcement-to-further-american-economic-and-national-security/