Executive Order 10547 Constitutional Neutral (+0.02)

Executive Order 10547—Inspection of Statistical Transcript Cards by the Board of Governors of the Federal Reserve System

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Tuesday, July 27, 1954

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1 min read (195 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 1954-07-27, establishes federal administrative policy concerning "Inspection of Statistical Transcript Cards by the Board of Governors of the Federal Reserve System." 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

▪ Formal executive instruction issued by the President establishing official administrative policy on Inspection of Statistical Transcript Cards by the Board of Governors of the Federal Reserve System.

Constitutional & Societal Entities Impacted

🏛️ Sovereign State Governments & Localities 🏛️ Financial Institutions & Monetary Authorities

Total Words

195

1,154 characters

Estimated Read Time

1 min

@ 200 words / min

Flesch-Kincaid

14.5

Post-Grad reading level

Constitutional Polarity

+0.02

Framers' Alignment index

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Scholarly & Legal Citations

Exec. Order No. 10547, Dwight D. Eisenhower (Jul 27, 1954). Available at https://executiveordersarchive.org/orders/app-executive-order-10547-inspection-statistical-transcript-cards-the-board-governors-the.

Official Document Text

Source: The American Presidency Project (UCSB Archive)

Original Source →

By virtue of the authority vested in me by section 55 (a) of the Internal Revenue Code (53 Stat. 29; 54 Stat. 1008; 55 Stat. 722; 26 U.S.C. 55 (a)), and in the interest of the internal management of the Government and the performance of Governmental functions, it is hereby ordered that statistical transcript cards submitted with, or prepared by the Internal Revenue Service from, corporation income tax returns for the taxable years ending after June 30, 1951, and before July 1, 1952, shall be open to inspection by the Board of Governors of the Federal Reserve System as an aid in executing the powers conferred upon such Board by the Federal Reserve Act, approved December 23, 1913, 38 Stat. 251, as amended, such inspection to be in accordance and upon compliance with the rules and regulations prescribed by the Secretary of the Treasury in the Treasury decision relating to the inspection of such transcript cards by the Board of Governors of the Federal Reserve System, approved by me this date' This executive order shall be effective upon its filing for publication in the FEDERAL REGISTER. DWIGHT D. EISENHOWER THE WHITE HOUSE, July 27, 1954.