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MemoMemorandumTrump 45 · R

Presidential Memorandum

Delegation of Function Under the Hizballah International Financing Prevention Act of 2015, as Amended

This memorandum delegates to the Secretary of the Treasury, in consultation with the Secretary of State, the President's authority under Section 102(d) of the Hizballah International Financing Prevention Act of 2015 (as amended in 2018). The delegated function must be exercised through the National Security Presidential Memorandum-4 interagency process.

Federal Register Open PDF 84 FR 24975

Impact dates

  1. Federal Register publication

Key directives

  • Delegate to Secretary of the Treasury the function under section 102(d) of the Hizballah International Financing Prevention Act of 2015, as amended
  • Exercise function in consultation with Secretary of State
  • Exercise function through National Security Presidential Memorandum-4 process
  • Publish memorandum in the Federal Register

Who is ordered

Timeline

Immediate

  • Delegation of presidential authority to Treasury Secretary takes effect

Near term (90d)

  • Federal Register publication required

Long term

  • Ongoing sanctions administration under the Acts

Risks & tensions

  • No specific deadline for Federal Register publication stated
  • Vague 'future Act' language creates interpretive uncertainty about scope
  • NSPM-4 coordination requirement may slow decision-making
Presidential Memorandum: Delegation of Function Under the Hizballah International Financing Prevention Act of 2015, as Amended · Executive Orders