Presidential Document2024-30208
Establishment of the Countering Economic Coercion Task Force
Primary source
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Published
December 17, 2024
Signed
December 12, 2024
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 89 Issue 242 (Tuesday, December 17, 2024)</title>
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[Federal Register Volume 89, Number 242 (Tuesday, December 17, 2024)]
[Presidential Documents]
[Pages 102669-102671]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-30208]
Presidential Documents
Federal Register / Vol. 89, No. 242 / Tuesday, December 17, 2024 /
Presidential Documents
[[Page 102669]]
Memorandum of December 12, 2024
Establishment of the Countering Economic Coercion
Task Force
Memorandum for the Heads of Executive Departments and
Agencies
By the authority vested in me as President by the
Constitution and the laws of the United States of
America, and to improve efforts to respond to coercive
economic practices of countries of concern, including
the People's Republic of China (PRC), it is hereby
ordered as follows:
Section 1. Policy. Consistent with section 5514 of the
James M. Inhofe National Defense Authorization Act for
Fiscal Year 2023 (Public Law 117-263, 22 U.S.C. 3362)
(the ``Act''), I am directing the Assistant to the
President for National Security Affairs and the
Director of the National Economic Council to oversee an
interagency effort to address the increasing use of
economic coercion by countries of concern, including
the PRC; to assess potential vulnerabilities of
countries, including within their private sectors, to
such coercion; and to develop concrete recommendations
for a comprehensive, effective, and, as appropriate,
multilateral response, including to deter future
coercive economic behavior.
Sec. 2. Establishment. There is established within the
Executive Office of the President the Countering
Economic Coercion Task Force (Task Force).
Sec. 3. Membership. (a) The Task Force shall be chaired
by the Assistant to the President for National Security
Affairs, or his or her designee, and vice-chaired by
the Director of the National Economic Council, or his
or her designee.
(b) In addition to the Chair and the Vice Chair,
the Task Force shall consist of representatives from
the following executive departments and agencies
(agencies), the heads of which shall designate or
appoint personnel at the level of Assistant Secretary
or above to participate in the Task Force:
(i) the Department of State;
(ii) the Department of the Treasury;
(iii) the Department of Defense;
(iv) the Department of Justice;
(v) the Department of Agriculture;
(vi) the Department of Commerce;
(vii) the Department of Labor;
(viii) the Department of Health and Human Services;
(ix) the Department of Energy;
(x) the Department of Homeland Security;
(xi) the Office of the Director of National Intelligence;
(xii) the Office of the United States Trade Representative;
(xiii) the Central Intelligence Agency;
(xiv) the United States Agency for International Development;
(xv) the Export-Import Bank of the United States;
(xvi) the Trade and Development Agency;
[[Page 102670]]
(xvii) the United States International Development Finance Corporation; and
(xviii) other agencies and offices as the President may, from time to time,
designate.
Sec. 4. Mission and Function. The Task Force shall work
across agencies and offices to oversee the development
and implementation of an integrated United States
Government strategy to respond to and deter coercive
economic practices by countries of concern, including
the PRC. That strategy shall include the elements
outlined in section 5514(c)(1)(A) of the Act (22 U.S.C.
3362(c)(1)(A)) and shall, consistent with section
5514(c)(2) of the Act (22 U.S.C. 3362(c)(2)), be
informed by consultations with relevant stakeholders,
including, as necessary and appropriate, stakeholders
in the private sector, agencies that are not
represented on the Task Force, and foreign allies and
partners of the United States. The Task Force shall
also perform the other responsibilities set forth in
section 5514(c)(1) of the Act (22 U.S.C. 3362(c)(1)).
Sec. 5. Reporting on the Work and Recommendations of
the Task Force. (a) Within 180 days of the date of this
memorandum, the Task Force shall submit to the Congress
the initial report described in section 5514(e)(1) of
the Act (22 U.S.C. 3362(e)(1)).
(b) Within 1 year of submitting the initial report
described in subsection (a) of this section, the Task
Force shall submit to the Congress the first interim
report described in section 5514(e)(2)(A) of the Act
(22 U.S.C. 3362(e)(2)(A)).
(c) Within 1 year of submitting the first interim
report described in subsection (b) of this section, the
Task Force shall submit to the Congress the second
interim report described in section 5514(e)(2)(B) of
the Act (22 U.S.C. 3362(e)(2)(B)).
(d) Within 30 days of submitting the second interim
report described in subsection (c) of this section, the
Task Force shall submit to the Congress the final
report described in section 5514(e)(3) of the Act (22
U.S.C. 3362(e)(3)).
(e) The Task Force shall also consolidate any input
received and submit periodic recommendations to the
President on policies and regulatory actions to address
systemic harms from PRC economic coercion.
Sec. 6. General Provisions. (a) Nothing in this
memorandum shall be construed to impair or otherwise
affect:
(i) the authority granted by law to an executive department or agency, or
the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget
relating to budgetary, administrative, or legislative proposals.
(b) This memorandum shall be implemented consistent
with applicable law and subject to the availability of
appropriations.
[[Page 102671]]
(c) This memorandum is not intended to, and does
not, create any right or benefit, substantive or
procedural, enforceable at law or in equity by any
party against the United States, its departments,
agencies, or entities, its officers, employees, or
agents, or any other person.
(d) The Attorney General is authorized and directed
to publish this memorandum in the Federal Register.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
THE WHITE HOUSE,
Washington, December 12, 2024
[FR Doc. 2024-30208
Filed 12-16-24; 11:15 am]
Billing code 4410-19-P
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</html>Indexed from Federal Register on December 17, 2024.
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