Page 1034 - Trump Executive Orders 2017-2021
P. 1034
30584 Federal Register / Vol. 85, No. 97 / Tuesday, May 19, 2020 / Presidential Documents
(c) The loan authority delegated by this order is limited to loans that
create, maintain, protect, expand, or restore domestic industrial base capabili-
ties supporting:
(i) the national response and recovery to the COVID–19 outbreak; or
(ii) the resiliency of any relevant domestic supply chains.
(d) Loans extended using the authority delegated by this order shall be
made in accordance with the principles and guidelines outlined in OMB
Circular A–11, OMB Circular A–129, and the Federal Credit Reform Act
of 1990, as amended (2 U.S.C. 661 et seq.).
(e) The Chief Executive Officer of the DFC shall adopt appropriate rules
and regulations as may be necessary to implement this order.
Sec. 3. Termination. The delegation of authority in this order shall expire
upon termination of the 2-year period during which the requirements de-
scribed in section 302(c)(1) of the Act (50 U.S.C. 4532(c)(1)) are waived
pursuant to title III of division B of the Coronavirus Aid, Relief, and Economic
Security Act (Public Law 116–136).
Sec. 4. General Provisions. (a) Nothing in this order 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 order shall be implemented consistent with applicable law and
subject to the availability of appropriations.
(c) This order 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.
THE WHITE HOUSE,
May 14, 2020.
[FR Doc. 2020–10953
Filed 5–18–20; 11:15 am]
Billing code 3295–F0–P
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