Executive Order 10488 Constitutional Neutral (+0.02)

Executive Order 10488—Providing for the Issuance of Regulations Governing the Purchase, Custody, Transfer, or Sale of Foreign Exchange by the United States

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Wednesday, September 23, 1953

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1 min read (121 words)

Plain-English Translation & Framers' Constitutional Analysis

Early Statesman synthesis distilling legal jargon into practical meaning, statutory anchors, and structural constitutional impacts.

This executive order, signed by President Dwight D. Eisenhower on 1953-09-23, establishes federal administrative policy concerning "Providing for the Issuance of Regulations Governing the Purchase, Custody, Transfer, or Sale of Foreign Exchange by the United States." It is a direct, concise executive instruction delivering focused administrative or military commands to department leadership.

Constitutional Assessment: This action represents an orderly exercise of Article II administrative discretion, managing the internal machinery and personnel of the executive branch without abridging the ancient liberties of the people.

Key Directives & Operative Actions

▪ That the purchase, custody, transfer, or sale of foreign exchange (including credits and currencies) by any executive department or agency of the United States shall be administered under such regulations, not inconsistent with the provisions of section 1415 of the Supplemental Appropriation Act, 1953 (66 Stat.

Constitutional & Societal Entities Impacted

🏛️ Executive Departments & Federal Civil Servants 🏛️ Foreign Nations & International Entities 🏛️ Financial Institutions & Monetary Authorities

Total Words

121

745 characters

Estimated Read Time

1 min

@ 200 words / min

Flesch-Kincaid

14.2

Post-Grad reading level

Constitutional Polarity

+0.02

Framers' Alignment index

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Scholarly & Legal Citations

Exec. Order No. 10488, Dwight D. Eisenhower (Sep 23, 1953). Available at https://executiveordersarchive.org/orders/app-executive-order-10488-providing-for-the-issuance-regulations-governing-the-purchase.

Official Document Text

Source: The American Presidency Project (UCSB Archive)

Original Source →

By virtue of the authority vested in me by the Constitution and statutes, and as President of the United States, it is hereby ordered that the purchase, custody, transfer, or sale of foreign exchange (including credits and currencies) by any executive department or agency of the United States shall be administered under such regulations, not inconsistent with the provisions of section 1415 of the Supplemental Appropriation Act, 1953 (66 Stat. 662; 31 U.S.C. 724), section 1313 of the Supplemental Appropriation Act, 1954 (67 Stat. 438), or of any other law, as may be issued by the Secretary of the Treasury, and the Secretary of the Treasury is authorized to issue such regulations. DWIGHT D. EISENHOWER THE WHITE HOUSE, September 23, 1953.