Financial Transparency Coalition

Last May, President Obama delivered his widely viewed “Arab Spring” speech, in which the President made a clear link between combating corruption, the stability of nations and human dignity. Unfortunately, proposed amendments to the Foreign Corrupt Practices Act (FCPA) by the U.S. Chamber Institute for Legal Reform, an affiliate of the U.S. Chamber of Commerce, go against the current global trend, and threaten to undermine America’s role as a global leader against corruption. I attended a FCPA briefing on Capitol Hill on September 16th for a new report, “Busting Bribery: Sustaining the Global Momentum of the Foreign Corrupt Practices...