In the newest chapter on President Donald Trump and the rule of law, administration officials are considering changing the statute making it illegal for American corporations to bribe foreign officials.
Asked Friday about the possibility of changes to the Foreign Corrupt Practices Act, White House Economic Adviser Larry Kudlow said it was under consideration, Bloomberg reported.
“I would just say: We are aware of it, we are looking at it, and we’ve heard complaints from some of our companies,” Kudlow told a reporter. “I don’t want to say anything definitive policy-wise, but we are looking at it.”
Trump’s reported push to make it legal to bribe foreign officials was raised in the new book “A Very Stable Genius,” written by Pulitzer Prize-winning Washington Post reporters Philip Rucker and Carol D. Leonnig. The authors said that Trump clashed with former Secretary of State Rex Tillerson as he pressed to scrap FCPA.
“It’s just so unfair that American companies aren’t allowed to pay bribes to get business overseas,” Trump is quoted in the book as saying, according to a passage published by The Washington Post. “We’re going to change that.”
Trump hasn’t responded to that passage, but on Saturday he lashed the “demeaning” book by authors he called “two-third Washington Post reporters.” He called it “Another Fake Book,” that has “already proved to be inaccurately reported.” He offered no details of that apparently false claim, however.
Another Fake Book by two third rate Washington Post reporters, has already proven to be inaccurately reported, to their great embarrassment, all for the purpose of demeaning and belittling a President who is getting great things done for our Country, at a record clip. Thank you!— Donald J. Trump (@realDonaldTrump) January 18, 2020
The book is a scathing portrayal of Trump as an ill-informed, reckless, explosive bully. The passage published by the Post involves an attempt by military...