ExecutiveOrdersEO
Notice 13959NoticeBiden · D Quiet signal

Presidential Notice 13959

Continuation of the National Emergency With Respect to the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China

This notice continues for one year the national emergency declared in Executive Order 13959 (November 12, 2020) and expanded by Executive Order 14032 (June 3, 2021), which restricts U.S. securities investments in certain Chinese companies linked to the PRC's military, intelligence, and security apparatuses and Chinese surveillance technology used for repression or human rights abuses.

Federal Register Open PDF 88 FR 76987

Impact dates

  1. Continued national emergency expires unless renewed

Key directives

  • Continue national emergency declared in EO 13959 for 1 year
  • Continue expanded scope from EO 14032
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency continues in effect beyond November 12, 2023
  • Existing investment restrictions remain operative

Near term (90d)

—

Long term

  • Emergency authority extends through November 12, 2024 unless renewed again
  • Ongoing compliance obligations for financial institutions

Risks & tensions

  • Routine procedural continuation; no new policy expansion
  • Maintains bipartisan pressure on PRC military-civil fusion
  • Potential market uncertainty for investors in affected securities
Presidential Notice 13959: Continuation of the National Emergency With Respect to the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China · Executive Orders