Trump Pauses FCPA Enforcement, Impacting Adani Group

President Donald Trump has paused the enforcement of the Foreign Corrupt Practices Act (FCPA) of 1977, citing that its over-expansive enforcement harms American competitiveness and national security. The executive order requires the U.S. Attorney General to halt new investigations and review existing ones, possibly impacting cases like that of the Adani Group, which faced charges under the FCPA. The decision has drawn criticism from anti-corruption advocates like Transparency International, who argue it undermines the U.S.'s leadership in fighting global corruption. Trump's administration argues that the FCPA has been overused, putting American companies at a disadvantage against international competitors. This suspension could extend beyond the initial 180 days, pending the development of new enforcement guidelines by the Justice Department.