Top DOJ officials stated that DOJ will surge resources and redouble efforts for corporate enforcement. Areas of particular concern include Foreign Corrupt Practices Act, government contracting fraud, financial fraud, tax issues, and energy pricing benchmark manipulation.
President’s Cabinet, among other top government officials, must submit their proposals to President Joseph Biden on how the U.S. government can significantly bolster its ability to prevent and combat corruption, combat all forms of illicit finance, hold accountable corrupt individuals.
Framing questions: In what ways do the U.S. and Chinese approaches to development and foreign investment differ? Are they evolving, and how? What are the benefits and drawbacks of each approach both to the investing country and the recipient? In what ways are China and the United States competing in third countries? In what ways are their efforts complementary? Would closer
<p><span>Thank you for having me here today. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of the Commission or SEC staff.</span></p>