As Expected, President Biden Extends Trading With The Enemy Act Provisions For Cuba
/The White House
Washington DC
2 September 2022
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. 4305 note), and a previous determination on September 7, 2021 (86 FR 50831, September 10, 2021), the exercise of certain authorities under the Trading With the Enemy Act is scheduled to expire on September 14, 2022.
I hereby determine that the continuation of the exercise of those authorities with respect to Cuba for 1 year 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, 2023, 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.
JOSEPH R. BIDEN JR.
