Joe Birkenstock Comments on New FARA Regulations in Financial Times
In “US Lawmakers Push for Crackdown on Foreign Companies”, the Financial Times explores the new Foreign Agents Registration Act (FARA) bill introduced by Rep. Johnson and Sen. Grassley. The bill would strengthen the Foreign Agents Registration Act and would heap new disclosure requirements on the staff of any non-US company meeting federal officials; on American lobbyists providing services to foreign companies; and on US businesses lobbying for their own foreign affiliates.
Joseph Birkenstock, a Sandler Reiff lawyer who advises the OFII trade group, said: “If you subject every company to FARA for the sake of addressing these rare cases, the cure is far worse than the illness.”
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