Topic: Foreign Practices Act

During his Asian tour, President Biden discussed international goals including clean energy technologies and a global minimum corporate tax. Treasury Secretary Janet Yellen has been actively negotiating these tax standards with foreign governments to establish a new international fiscal framework.

The New York Times reported on a massive bribery scheme involving Walmart executives in Mexico. The hosts discuss the Foreign Corrupt Practices Act and express skepticism that any high-level American executives will face prison time despite the clear violation of U.S. laws regarding foreign bribery.