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[Federal Register Volume 90, Number 7 (Monday, January 13, 2025)]
[Presidential Documents]
[Pages 2603-2604]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-00676]



                        Presidential Documents 



Federal Register / Vol. 90, No. 7 / Monday, January 13, 2025 / 
Presidential Documents

[[Page 2603]]

                Memorandum of January 3, 2025

                
Designation of Officials of the United States 
                International Development Finance Corporation To Act as 
                Chief Executive Officer

                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''), 
                it is hereby ordered that:

                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 
                officials 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 has died, resigned, or otherwise become unable 
                to perform the functions and duties of the office of 
                Chief Executive Officer:

                    (a) Deputy Chief Executive Officer;
                    (b) Head of Investment;
                    (c) Chief Operating Officer;
                    (d) Chief of Staff;
                    (e) Vice President and General Counsel;
                    (f) Senior Vice President for Investment;
                    (g) Senior Vice President for Management;
                    (h) Deputy General Counsel for Policy, Monitoring, 
                and Corporate Affairs; 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 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 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.

                Sec. 3. Revocation. The Presidential Memorandum of 
                January 8, 2021 (Providing an Order of Succession 
                Within the United States International Development 
                Finance Corporation), is hereby revoked.

                Sec. 4. 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.

[[Page 2604]]

                    (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 any 
                party against the United States, its departments, 
                agencies, or entities, its officers, employees, or 
                agents, or any other person.
                    (d) You are authorized and directed to publish this 
                memorandum in the Federal Register.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, January 3, 2025

[FR Doc. 2025-00676
Filed 1-10-25; 8:45 am]
Billing code 3210-02-P
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