Executive Order 13290

Confiscating and Vesting Certain Iraqi Property

Ordered by George W. Bush on March 20, 2003

Summary

Confiscates certain blocked Iraqi government assets held in U.S. accounts, transferring ownership directly to the U.S. Treasury. Exempts diplomatic funds and assets tied to specific court judgments. Authorizes Treasury Secretary to administer and regulate these assets, intended for Iraqi reconstruction purposes.

Implications

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