But treaties are also trickier to come by, because they need Senate approval. That is one reason why presidents in recent decades have opted for executive agreements, which typically donât require congressional input. But they carry a major drawback: they can be reversed by the next president.
Download article as a PDF. Racketeering is when organized groups run illegal businesses, known as ârackets,â or when an organized crime ring uses legitimate organizations to embezzle funds. Such activities can have devastating consequences for both public and private institutions.
racketeering noun [U]. âº the âact or âpractice of making âmoney through âdishonest or âillegal âactivities: He now âfaces 20 âyears in âprison after âpleading âguilty to âconspiracy and racketeering âcharges.(Definition of racketeering from the Cambridge Academic Content Dictionary Â© Cambridge University Press).acketeering noun [U]. âº the âact or âpractice of making âmoney through âdishonest or âillegal âactivities: He now âfaces 20 âyears in âprison after âpleading âguilty to âconspiracy and racketeering âcharges. (Definition of racketeering from the Cambridge Academic Content Dictionary Â© Cambridge University Press).