ExecutiveOrdersEO
MemoMemorandumG.W. Bush · R

Presidential Memorandum

Assignment of Function Under Section 721(k) of the Defense Production Act of 1950

President George W. Bush delegated to the Secretary of the Treasury the presidential function of submitting a report required under Section 721(k) of the Defense Production Act of 1950, with that report due by February 28, 2007. The memorandum also directs publication in the Federal Register.

Federal Register Open PDF 72 FR 643

Impact dates

  1. Report submission under section 721(k) of the Defense Production Act of 1950

Key directives

  • Assign to Secretary of the Treasury the function of the President under section 721(k) of the Defense Production Act of 1950
  • Submit report by February 28, 2007
  • Publish this memorandum in the Federal Register

Who is ordered

Timeline

Immediate

  • Delegation of presidential function to Treasury Secretary
  • Federal Register publication directive

Near term (90d)

  • Report submission due by February 28, 2007

Long term

—

Risks & tensions

  • Narrow procedural delegation with limited institutional reach
  • Section 721(k) relates to Committee on Foreign Investment in the United States (CFIUS) reporting; specific report contents not specified in memorandum
Presidential Memorandum: Assignment of Function Under Section 721(k) of the Defense Production Act of 1950 · Executive Orders