Search Results for keywords:"accountability and oversight"

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Search Results: keywords:"accountability and oversight"

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  • 2024-29930 — Delegation of Functions and Authorities Under Sections 1352 and 1353 of the National Defense Authorization Act for Fiscal Year 2024
    Type:Presidential Document
    Citation:89 FR 101835
    Reading Time:about a minute or two

    The President of the United States issued a memorandum on December 11, 2024, delegating specific functions and authorities under the National Defense Authorization Act for Fiscal Year 2024 to several high-ranking officials. These officials include the Secretaries of State, Defense, and Energy, as well as the Director of the Office of Management and Budget. Each official is tasked with certain responsibilities related to sections 1352 and 1353 of the Act, and they are to consult with each other as needed. Additionally, the Secretary of Defense is instructed to publish this memorandum in the Federal Register.

    Simple Explanation

    The President decided to give some of his special jobs to other important people in the government, like the ones in charge of defense and energy, so they can help take care of things for the country's safety. But, they need to chat and work together because there aren't many instructions on how to do these jobs, and it's not clear who checks to make sure everything is done right.

  • 2025-02477 — A Plan for Establishing a United States Sovereign Wealth Fund
    Type:Presidential Document
    Citation:90 FR 9181
    Reading Time:about a minute or two

    The President has issued Executive Order 14196, which calls for the creation of a United States Sovereign Wealth Fund. This fund aims to benefit American citizens by promoting fiscal sustainability and economic security, reducing taxes, and enhancing U.S. economic leadership globally. The Secretary of the Treasury and the Secretary of Commerce are tasked with developing a detailed plan, including funding strategies and legal considerations, and submitting it within 90 days. The order ensures it complies with existing laws and does not grant any new legal rights.

    Simple Explanation

    The President wants to create a big money-saving account for the country, called a Sovereign Wealth Fund, to help keep taxes low and make sure America has lots of money in the future. Some grown-ups are worried because they don't know where the money will come from at first, how it will be spent, or who will make sure it's used the right way.