MemoMemorandumObama · D

Presidential Memorandum

Delegation of Authority To Transfer Certain Funds in Accordance With Section 610 of the Foreign Assistance Act of 1961, as Amended

This memorandum delegates presidential authority to the Secretary of State to transfer approximately $87.7 million from three overseas contingency operations accounts (International Narcotics Control and Law Enforcement, Foreign Military Financing, and Nonproliferation/Antiterrorism/Demining) to the Economic Support Fund—Overseas Contingency Operations account for fiscal year 2014, subject to congressional notification requirements.

Impact dates

  1. Fulfillment of section 652 FAA and section 7009(d) notification requirements before transfer execution

Key directives

  • Delegate authority to Secretary of State to make determinations and execute transfer of $44,979,000 from INCLE-OCO to ESF-OCO
  • Delegate authority to transfer $10,500,000 from FMF-OCO to ESF-OCO
  • Delegate authority to transfer $32,176,000 from NADR to ESF-OCO
  • Subject transfers to fulfilling section 652 FAA and section 7009(d) of Division K, Public Law 113-76 requirements
  • Authorize and direct publication in Federal Register

Who is ordered

Timeline

Immediate

  • Delegation of authority to Secretary of State
  • Authorization to publish in Federal Register

Near term (90d)

  • Potential execution of fund transfers upon fulfilling section 652 FAA and section 7009(d) notification requirements

Long term

Risks & tensions

  • Congressional notification requirements (section 652 FAA, section 7009(d)) create procedural checkpoint that may delay or complicate transfers
  • Transfer from security-oriented accounts (INCLE, FMF, NADR) to Economic Support Fund may reflect tension between security assistance and economic development priorities
  • Use of Overseas Contingency Operations designation suggests emergency/context-specific funding flexibility
Presidential Memorandum: Delegation of Authority To Transfer Certain Funds in Accordance With Section 610 of the Foreign Assistance Act of 1961, as Amended · Executive Orders