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U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...
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U.S. Senator Marco Rubio (R-FL) joined National Public Radio’s All Things Considered to discuss his plan to expand the child tax credit for working families. See below for the full transcript and listen to the edited interview here. On the connection between the child...
Washington, D.C. — U.S. Senator Marco Rubio (R-FL) introduced legislation to modernize the Foreign Corrupt Practices Act (FCPA) by clarifying that the definition of corrupt intent includes actions that excuse the genocide in Xinjiang, advance the Chinese Communist Party’s (CCP) propaganda efforts, or “invest” in core CCP activities, among other actions. The legislation would require companies engaged in suspicious behavior to demonstrate that their actions are related to their underlying business, not part of a corrupt bargain with the Chinese Government or the CCP to gain or retain market access or receive any other benefit. Rubio announced the new bill in an op-ed in National Review.
“Name a major American company operating in China — Amazon, Apple, Microsoft, Tesla, Intel — and chances are that company has at some point carried water for the genocidal regime,” Rubio said. “Those actions are more valuable to the Chinese Communist Party than any monetary bribe. It is time to do something about this.”
The legislation would clarify that an action is taken with corrupt intent if it:
The legislation would provide corporate defendants the opportunity to rebut charges of corrupt actions by demonstrating a reasonable business purpose unrelated to any arrangement for market access or other benefit in the PRC. Treble civil penalties would apply to violations.