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Midweek Roundup: Trump Sidelines FCPA, DOJ Shelves Case Against Eric Adams, and More

President Donald Trump formally directed federal prosecutors to halt enforcement of the Foreign Corrupt Practices Act on the basis that the statute harms U.S. economic interests and threatens U.S. national security, ACAMS moneylaundering.com reported. More The Justice Department told prosecutors in the Southern District of New York to put their corruption case against New York City Mayor Eric Adams on ice until at least November, The New York Times reported. More Swiss banks could face legal trouble overseas after Switzerland's top court ordered them to return funds linked to a high-profile tax-fraud and money-laundering case in Russia to their U.S.-blacklisted...

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