WASHINGTON — President Trump wanted to strike down a law that prohibits companies from bribing foreign officials, calling the ban “so unfair” to American companies, two Washington Post reporters recount in a new book. In the spring of 2017, Mr. Trump was at a briefing with Rex W. Tillerson, then the secretary of state, and aides in the Oval Office. At the mention of a bribery allegation, Mr. Trump “perked up” and told Mr. Tillerson that he wanted his help in scrapping the Foreign Corrupt Practices Act, the authors write. That law, enacted in 1977 and heavily enforced since around 2005, prohibits companies that operate in the United States from bribing foreign officials to obtain or retain business. Mr. Trump said that it was “just so unfair that American companies aren’t allowed to pay bribes to get business overseas,” according to the book, “A Very Stable Genius,” by Philip Rucker and Carol D. Leonnig.

Source: New York Times January 15, 2020 22:18 UTC