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Briefing Room

The White House
Office of the Press Secretary
For Immediate Release
October 18, 2015

Presidential Memorandum -- Delegation of Certain Functions and Authorities under Section 213(b)(1) of the Iran Threat Reduction and Syria Human Rights Act of 2012

October 18, 2015

MEMORANDUM FOR THE SECRETARY OF STATE
                                 THE SECRETARY OF THE TREASURY
                                 THE SECRETARY OF COMMERCE
                                 THE UNITED STATES TRADE REPRESENTATIVE
                                 THE SECRETARY OF HOMELAND SECURITY
                                 THE CHAIRMAN OF THE BOARD OF GOVERNORS
                                         OF THE FEDERAL RESERVE SYSTEM

SUBJECT: Delegation of Certain Functions and Authorities under Section 213(b)(1) of the Iran Threat Reduction and Syria Human Rights Act of 2012

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, I hereby order as follows:

I hereby delegate the functions and authorities vested in the President by section 213(b)(1) of the Iran Threat Reduction and Syria Human Rights Act of 2012 (TRA) to the Secretary of State, in consultation with: the Secretaries of the Treasury and Commerce and the United States Trade Representative; and with the Secretary of Homeland Security, the Chairman of the Board of Governors of the Federal Reserve System, and other agencies as appropriate.

The delegation of authorities under section 213(b)(1) of the TRA to the Secretary of the Treasury contained in the Presidential Memorandum of October 9, 2012, entitled "Delegation of Certain Functions and Authorities Under the Iran Threat Reduction and Syria Human Rights Act of 2012" is hereby rescinded. The other provisions of that Presidential Memorandum remain in effect.

Any reference herein to provisions of any Act related to the subject of this memorandum shall be deemed to include references to any hereafter-enacted provisions of law that are the same or substantially the same as such provisions.

The Secretary of State is authorized and directed to publish this memorandum in the Federal Register.

BARACK OBAMA