Pages

▼

Sunday, September 19, 2010

International Emergency Economic Powers Act

International Emergency Economic Powers Act

From Wikipedia, the free encyclopedia
 This article does not cite any references or sources.
Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2008)
The International Emergency Economic Powers Act (IEEPA), Title II of Pub.L. 95-223, 91 Stat. 1626, enacted October 28, 1977, is a United States federal law authorizing the U.S. Presidents to regulate commerce after declaring a national emergency in response to any unusual and extraordinary threat to the United States which has a foreign source.
It is largely an amendment to the Trading with the Enemy Act 1917 and the National Emergencies Act, which deal primarily with when and to what extent the President can declare an emergency.

Contents

[show]

[edit] Provisions

In the United States Code the IEEPA is Title 50, sections 1701-1707. The IEEPA authorizes the president to declare the existence of an "unusual and extraordinary threat... to the national security, foreign policy, or economy of the United States" that originates "in whole or substantial part outside the United States." It further authorizes the president, after such a declaration, to block transactions and freeze assets to deal with the threat. In the event of an actual attack on the United States, the president can also confiscate property connected with a country, group, or person that aided in the attack.
The IEEPA falls under the provisions of the National Emergencies Act (NEA), which means that an emergency declared under the act must be renewed annually to remain in effect, and can be terminated by Congressional resolution.

[edit] History

Congress enacted the law in 1977 as part of a reform to clarify the powers of presidents with regard to national emergencies. Starting with Franklin D. Roosevelt in 1933, presidents had claimed the power to declare emergencies without limiting their scope or duration, without citing the relevant statutes, and without reporting to Congress. The Supreme Court in Youngstown Sheet & Tube Co. v. Sawyer limited what a president could do in such an emergency, but did not limit the emergency declaration power itself. A 1973 Senate investigation found (in Senate Report 93-549) that four declared emergencies remained in effect: the 1933 emergency with respect to gold, a 1950 emergency with respect to the Korean War, a 1970 emergency regarding a postal workers strike, and a 1971 emergency in response to inflation. Congress terminated these emergencies with the National Emergencies Act, and then passed the IEEPA to restore the emergency power in a limited, overseeable form.
Once passed, the act became a convenient means for presidents to order embargos of specific countries. Later presidents used the act to shut down organizations and cut off support to individuals.

[edit] Alleged violations

Wikinews has related news: Man arrested for broadcasting Hezbollah television in New York
In 1983, financier Marc Rich was accused of violating the act by trading in Iranian oil during the Iran hostage crisis. He was one of many people pardoned by President Bill Clinton in his last days in office.
The Department of Justice has brought IEEPA charges against Americans who travelled to Iraq in advance of the 2003 invasion to act as human shields, on the basis that they spent money while in Iraq.
On August 23, 2006, Javed Iqbal was arrested through the U.S. Department of the Treasury with a charge of conspiracy to violate the IEEPA for airing material produced by al-Manar (The Beacon) in New York City during the 2006 Israel-Lebanon conflict.[1]

[edit] Current subjects of IEEPA emergencies

As of 2008, commerce with the following countries and people is restricted under the IEEPA.

[edit] States

  • Iran (since 1979 for the Iran hostage crisis and subsequent sponsorship of terrorism)
  • Myanmar (since 1997 for repressing democratic opposition)
  • Sudan (since 1997 for human rights violations and sponsoring terrorism)
  • Russia (since 2000 to prevent export of weapons-grade uranium)
  • Zimbabwe (since 2003 for undermining democratic institutions)
  • Syria (since 2004 for sponsorship of terrorism and pursuit of weapons of mass destruction)
  • Belarus (since 2006 for undermining democratic institutions)
  • North Korea (since 2008 for risk of the proliferation of weapon-usable fissile material[2]

[edit] Classes

[edit] Past subjects of IEEPA emergencies

[edit] References

  1. ^ New York Man Charged With Enabling Hezbollah Television Broadcasts, 2006 August 25
  2. ^ Executive Order: Continuing Certain Restrictions with Respect to North Korea and North Korean Nationals] - The White House June 26, 2008, retrieved on June 26, 2008
Enhanced by Zemanta
at