§40705 Presidential review of Commission orders

Summary

When the Federal Maritime Commission publishes an order that suspends or bans actions under section 40704, it must send a copy to the President at the same time. Within 10 days after receiving the order or after it takes effect, the President may, in writing, ask the Commission to pause the order if it is needed for national defense or foreign policy. The President must give the reasons. The Commission must immediately grant the pause and issue an order saying the President asked for it. While the order is paused, the President must, when practicable, try to settle the matter by negotiating with the foreign governments involved.