Congress should rescind that law also. It also doesn't mean anything when it's not enforced, and rescinding it has broad popular support.
But as you probably know, practically speaking it's not feasible to enforce every law on the books at all times, so the balance of laws enforced tells you about the priorities of a government. This one sees white collar crime as a feature, not a bug.
> This one sees white collar crime as a feature, not a bug.
What issues do you see with not prosecuting Americans for following local customs? The places where the bribery happens can already jail the US citizens committing the bribery. The US doesn't prosecute Americans for smoking weed in Amsterdam even if it's illegal in the US.