ExecutiveOrdersEO
Notice 14024NoticeTrump 47 · R Quiet signal

Presidential Notice 14024

Continuation of the National Emergency With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation

This notice extends for one year the national emergency declared in Executive Order 14024 regarding harmful Russian government activities, including election interference, cyberattacks, corruption, and violations of international law. The continuation keeps in force sanctions and related authorities that would otherwise expire on April 15, 2026.

Federal Register Open PDF 91 FR 15515

Impact dates

  1. Continued national emergency expires unless extended again

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Banking & financeOil & gasDefense primesTechnology & software

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Russian entities and those transacting with them remain subject to blocking sanctions and compliance burdens
  • MixedDomestic producer — US energy and industrial firms face continued exclusion from Russian markets but also reduced competition from Russian exports in some segments
  • AdverseImporter — Continued restrictions on Russian-origin goods, technology, and financial services limit sourcing options

Geographies

USEUUK

Exposure dates

  • — Continued national emergency expires unless extended again

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

GOOGLAlphabetAAPLAppleBACBank of AmericaBLKBlackRockBABoeingLNGCheniere EnergyCVXChevronCOPConocoPhillipsXOMExxon MobilGEVGE VernovaGDGeneral DynamicsGSGoldman SachsHSBCHSBCQQQInvesco QQQ TrustJPMJPMorgan ChaseLMTLockheed MartinMETAMeta PlatformsMSFTMicrosoftNOCNorthrop GrummanORCLOracleRTXRTXSHELShellSPYSPDR S&P 500 ETFTSLATesla

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared in EO 14024 for 1 year beyond April 15, 2026
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency continues in effect; existing sanctions and blocking authorities remain operative beyond April 15, 2026

Near term (90d)

  • Annual congressional notification and Federal Register publication completed

Long term

  • Emergency authority persists through March 2027 unless terminated or extended again; framework for future sanctions designations remains available

Risks & tensions

  • Maintenance of sanctions architecture without escalation may signal policy continuity rather than intensification
  • Congressional oversight of prolonged emergency powers remains limited under NEA framework
  • Uncertainty about whether future modifications will expand scope further
Presidential Notice 14024: Continuation of the National Emergency With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation · Executive Orders