ExecutiveOrdersEO
MemoMemorandumObama · D

Presidential Memorandum

Delegation of Authority Pursuant to Sections 102(a), 102(c), 204, and 302 of the Hizballah International Financing Prevention Act of 2015

This memorandum delegates presidential authorities under four sections of the Hizballah International Financing Prevention Act of 2015 to the Secretary of the Treasury, to be exercised in consultation with the Secretary of State. It is a routine procedural delegation of sanctions and financial tracking powers related to countering Hizballah's international financing.

Federal Register Open PDF 81 FR 15423

Key directives

  • Delegate to Secretary of the Treasury, in consultation with Secretary of State, functions and authorities vested in the President by sections 102(a), 102(c), 204, and 302 of the Hizballah International Financing Prevention Act of 2015
  • Authorize and direct publication of this memorandum in the Federal Register

Who is ordered

Timeline

Immediate

  • Delegation of authority takes effect upon memorandum date

Near term (90d)

  • Treasury to exercise delegated authorities under sections 102(a), 102(c), 204, and 302 of the Act

Long term

  • Ongoing sanctions and financial countermeasures against Hizballah financing

Risks & tensions

  • Consultation requirement with State Department may create interagency coordination friction
  • Vague 'substantially the same' future-act provision creates uncertain scope of delegation
Presidential Memorandum: Delegation of Authority Pursuant to Sections 102(a), 102(c), 204, and 302 of the Hizballah International Financing Prevention Act of 2015 · Executive Orders