This presidential memorandum delegated  the functions and authorities conferred upon the President by section 5302 of title 31, United States Code, to the Secretary of the Treasury for use of the Exchange Stabilization Fund in an aggregate amount of up to $50 billion

Trump, Donald J.

Yale University

Yale University EliScholar – A Digital Platform for Scholarly Publishing at Yale YPFS Documents (Series 1) Browse by Media Type 3-20-2020 Memorandum on the Delegation of Functions Under 31 U.S.C. 5302 Donald J. Trump Follow this and additional works at: https://elischolar.library.yale.edu/ypfs-documents Recommended Citation Trump, Donald J., "Memorandum on the Delegation of Functions Under 31 U.S.C. 5302" (2020). YPFS Documents (Series 1). 9604. https://elischolar.library.yale.edu/ypfs-documents/9604 This Document is brought to you for free and open access by the Browse by Media Type at EliScholar – A Digital Platform for Scholarly Publishing at Yale. It has been accepted for inclusion in YPFS Documents (Series 1) by an authorized administrator of EliScholar – A Digital Platform for Scholarly Publishing at Yale. For more information, please contact elischolar@yale.edu. 1/31/2021 Memorandum on the Delegation of Functions Under 31 U.S.C. 5302 | The White Househttps://web.archive.org/web/20200625061224/https://www.whitehouse.gov/presidential-actions/memorandum-delegation-functions-31-u-s-c-5302/ 1/2MEMORANDUM FOR THE SECRETARY OF THE TREASURYSUBJECT:       Delegation of Functions Under 31 U.S.C. 5302By the authority vested in me as President by the Constitution and the laws of the United States ofAmerica, including section 301 of title 3, United States Code, it is hereby ordered as follows:Section 1.  Delegation of Authority over the Exchange Stabilization Fund.  (a)  I hereby delegate thefunctions and authorities conferred upon the President by section 5302 of title 31, United StatesCode, to the Secretary of the Treasury for use of the Exchange Stabilization Fund in an aggregateamount of up to $50 billion.(b)  The functions and authorities delegated by this section may not be redelegated.Sec. 2.  General Provisions.  (a)  Nothing in this memorandum shall be construed to impair orotherwise a ect:(i)   the authority granted by law to an executive department or agency, or the head thereof; orPRESIDENTIAL MEMORANDAMemorandum on the Delegation of Functions Under31 U.S.C. 5302 BUDGET & SPENDINGIssued on: March 20, 2020★ ★ ★1/31/2021 Memorandum on the Delegation of Functions Under 31 U.S.C. 5302 | The White Househttps://web.archive.org/web/20200625061224/https://www.whitehouse.gov/presidential-actions/memorandum-delegation-functions-31-u-s-c-5302/ 2/2(ii)  the functions of the Director of the O ice of Management and Budget relating to budgetary,administrative, or legislative proposals.(b)  This memorandum shall be implemented consistent with applicable law and subject to theavailability of appropriations.(c)  This memorandum is not intended to, and does not, create any right or benefit, substantive orprocedural, enforceable at law or in equity by any party against the United States, its departments,agencies, or entities, its o icers, employees, or agents, or any other person.(d)  You are authorized and directed to publish this memorandum in the Federal Register.DONALD J. TRUMP

Memorandum on the Delegation of Functions Under 31 U.S.C. 5302

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Memorandum on the Delegation of Functions Under 31 U.S.C. 5302

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