Presidential Documents

2949 

Federal Register 

Vol. 86, No. 8 

Wednesday, January 13, 2021 

Title 3— 

The President 

Memorandum of January 8, 2021 

Providing an Order of Succession Within the United States 

International Development Finance Corporation 

Memorandum for the Chief Executive Officer of the United States International Development Finance Corporation 

By the authority vested in me as President by the Constitution and the 

laws of the United States of America, including the Federal Vacancies Reform 

Act of 1998, as amended, 5 U.S.C. 3345 et seq. (the ‘‘Act’’), I hereby direct 

the following: 

Section 1. Order of Succession. Subject to the provisions of section 2 of 

this memorandum, and to the limitations set forth in the Act, the following 

officers of the United States International Development Finance Corporation 

(DFC), in the order listed, shall act as and perform the functions and duties 

of the office of the Chief Executive Officer of DFC during any period in 

which the Chief Executive Officer of DFC has died, resigned, or otherwise 

become unable to perform the functions and duties of the office of the 

Chief Executive Officer of DFC: 

(a) Deputy Chief Executive Officer; 

(b) Chief Operating Officer; 

(c) Executive Vice President for Strategy; 

(d) Chief of Staff; 

(e) Vice President and General Counsel; 

(f) Deputy General Counsel; 

(g) Vice President, Structured Finance and Insurance; 

(h) Vice President, Development Credit; and 

(i) Chief Financial Officer and Vice President, Finance. 

Sec. 2. Exceptions. (a) No individual who is serving in an office listed 

in section 1 of this memorandum in an acting capacity shall, by virtue 

of so serving, act as Chief Executive Officer of DFC pursuant to this memorandum. 

(b) No individual who is serving in an office listed in section 1 of this 

memorandum shall act as Chief Executive Officer of DFC unless that individual is otherwise eligible to so serve under the Act. 

(c) Notwithstanding the provisions of this memorandum, the President 

retains discretion, to the extent permitted by law, to depart from this memorandum in designating an acting Chief Executive Officer of DFC. 

Sec. 3. 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. 

(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 

2950 Federal Register / Vol. 86, No. 8 / Wednesday, January 13, 2021 / Presidential Documents 

any party against the United States, its departments, agencies, or entities, 

its officers, employees, or agents, or any other person. 

Sec. 4. You are authorized and directed to publish this memorandum in 

the Federal Register. 

THE WHITE HOUSE, 

Washington, January 8, 2021 

[FR Doc. 2021–00829 

Filed 1–12–21; 11:15 am] 

Billing code 3210–02–P 


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