Memorandum from the President regarding the Trading With the Enemy Act

Immediate Release: 
Briefing Room Section: 
Imported Author UID: 
1
Body: 
THE WHITE HOUSE
Office of the Press Secretary
___________________________________________________________________________
For Immediate Release                                                September 11, 2009
September 11, 2009
Presidential Determination
No. 2009-27
MEMORANDUM FOR THE SECRETARY OF STATE
THE SECRETARY OF THE TREASURY
SUBJECT: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act
Under section 101(b) of Public Law 95-223(91 Stat. 1625; 50 U.S.C. App. 5(b) note), and a previous determination on September 12, 2008 (73 FR 54055, September 17, 2008), the exercise of certain authorities under the Trading With the Enemy Act is scheduled to terminate on September 14, 2009.
I hereby determine that the continuation for 1 year of the exercise of those authorities with respect to Cuba is in the national interest of the United States.
Therefore, consistent with the authority vested in me by section 101(b) of Public Law 95-223, I continue for 1 year, until September 14, 2010, the exercise of those authorities with respect to Cuba as implemented by the Cuban Assets Control Regulations, 31 C.F.R. Part 515.
The Secretary of the Treasury is authorized and directed to publish this determination in the Federal Register.
BARACK OBAMA