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See how Citi is taking steps to help mitigate the effects of the pandemic, from helping clients to providing relief through funds to frontline healthcare workers, organizations such as No Kid Hungry and more. Despite the pandemic limiting options for group events, Citi was determined to do our part through meaningful volunteerism. The Citi Plex Account is a new digital checking and savings account built to make managing money simpler, smarter and more rewarding. Community Development Financial Institutions do more than provide capital, they level the playing field for communities and populations at risk of being left behind. Market attention has focused on the bearish potential return of the U.

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The major provisions are:. Staff and agency. The Director of the agency will report directly to the Secretary of State, and the integration of the Peace Corps programs with the foreign policy of the United States will be the responsibility of the Secretary of State. A volunteer, to enroll in the Peace Corps, must pass a general entrance as well as other examinations, successfully complete a training program including instruction in philosophy, strategy, tactics, and the menace of communism, be selected for oversea duty, and have a language proficiency.

To qualify as a volunteer, one must be at least 18, single or if married both must volunteer, in excellent physical and mental health, emotionally mature, and exemplary in personal conduct. The volunteer is to live at a level generally similar to that of his host country counterpart.

Termination payments. National Advisory Council. The Council is to advise and consult with the President concerning policy matters. Peace Corps projects. Arms Control and Disarmament Agency to deal with the problem of reduction and control of armaments looking toward ultimate world disarmament.

The major provisions are: Purpose. Authorizes the Director, under the supervision of the Secretary of State, to establish the necessary bureaus, offices, and divisions, including an Office of the General Counsel. Policy negotiations. This provision provides the mechanism for coordinating these activities among the affected Government agencies and for resolving differences among them. This will permit Congress to review the Agency's growth and direction when these funds have been exhausted.

The program also provides for cooperation with private industry in developing domestic facilities designed to meet the special requirements of foreign visitors. In addition, provision is made for coordinating all Government efforts to ease barriers to international travel. The U. Establishing specific authority to assist Cuban refugees who have come to the United States. Government, to allocate funds to these officers to operate the programs, and to expend funds for necessary operating and administrative purposes.

Its purpose is to move surplus population and refugees from Europe to Latin America, Australia, Canada, New Zealand, and other countries. The organization assists these migrants in relocating and establishing themselves in their new surroundings.

USEP, operated by the United States since , provides reception, supplemental material aid, and resettlement and local integration assistance to recent escapees from the Sino-Soviet bloc. UNHCR, established in , to promote the principle of asylum refugees fleeing from persecution and to reduce political tensions resulting when large numbers of people seek asylum in a neighboring country.

The program has been operated under the Mutual Security Act of and financed out of the President's contingency fund under that act. The Export Control Act of authorized the President to prohibit or curtail exporting from the United States certain articles because of security reasons or because they are in short supply. Congress keeps informed of these acts through quarterly reports from the Secretary of Commerce.

Control by the President is not limited to strategic items. He can invoke a total embargo or the mildest restrictions. Denying a license or authority to export any articles or materials if the President determines that such exports make a significant contribution to the military or economic potential of any such nation in a way which would prove detrimental to the national security and welfare of the United States.

Growth of world trade and international financial commitments have made this reserve inadequate in case one of the larger, more industrial countries should need help. In , all member nations agreed to a general increase of 50 percent of their initial quota. But the Fund is still deemed inadequate and this legislation would alleviate the situation by setting up a special standby loan fund to meet the needs of 10 industrialized countries United States, Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, and the United Kingdom.

The 10 participants have already met last November and agreed on a working arrangement. The standby loan fund will be exclusively for the 10, but it will use the existing lending machinery of the International Monetary Fund. It will go into effect after seven nations have formally agreed. Original duration will be 4 years, but it can be extended. In addition, this amount will be used to pay the total costs for the entire period of service in the Peace Corps of volunteers who will enter training in July and August of for projects administered by voluntary agencies or universities through contracts with the Peace Corps.

Thus, by the end of fiscal , the Peace Corps, will have 6, volunteers either overseas or in training and by September 1, , 9, volunteers. Briefly, the bill gives the President general authority to cut all tariffs as much as 50 percent over the next 5 years.

Import-injured companies may receive adjustment assistance in the form of technical assistance, loans, or permission to carry back a net operating loss for tax purposes to 5 years rather than the normal 3 years. Allowances will be payable only to workers who have been employed substantially during the past 3 years and who have been attached at least 6 months in the past year to a firm affected by imports and who have become unemployed because of lack of work due in major part to the increased imports.

This is the most important international piece of legislation, I think, affecting economics since the passage of the Marshall plan. It marks a decisive point for the future of our economy, for our relations with our friends and allies, and for the prospects of free institutions and free societies everywhere.

Our industry, our agriculture, our mining will benefit from increased export opportunities as other nations agree to lower their tariffs. Increased exports and imports will benefit our ports, steamship lines, and airlines as they handle an increased amount of trade.

Lowering of our tariffs will provide an increased flow of goods for our American consumers. Our industries will be stimulated by increased export opportunities and by freer competition with the industries of other nations for an even greater effort to develop an efficient economic and productive system. The results can bring a dynamic new era of growth. By means of agreements authorized by the Act, we can move forward to partnership with the nations of the Atlantic Community.

Together with the Common Market, we account for 90 percent of the free world's trade in industrial products. Together we make up— and I think this is most important in this vital period—the greatest aggregation of economic power in the history of the world. We now have the means to make certain that we build our strength together and that we can maintain this preeminence. We will use the specific authorities designed to widen markets for the raw materials and manufactures of the less developed nations whose economic growth is so important to us all and to strengthen our efforts to end discriminatory and preferential arrangements which in the long run can only make everyone poorer and the free world less united.

This act is, therefore, an important new weapon to advance the cause of freedom. Expressed congressional satisfaction that the International Court of Justice decided that the expenditures authorized in resolutions of the U. Expressed congressional sentiment that the bond issue is a once-only matter and the world organization must pursue a more vigorous policy for prompt payment of membership assessments and for a more equitable system of assessments.

This crisis is largely the result of the failure of some members of the organization to pay their share of the costs of the peacekeeping machinery in the Middle East and in the Congo. I believe that that machinery and those activities of the United Nations are vital to the peace of the world.

They have helped prevent major armed conflicts and advanced the means of reconciliation between opposing factions. We must continue to give our firm and full support to these efforts. For centuries, men have dreamed of a way to secure world peace.

To translate these dreams into hard reality has become the great imperative of our time. This legislation demonstrates the determination of the American people to support the United Nations in this demanding task in the years ahead, and to help marshal the resources needed by the United Nations in pursuit of a just and lasting peace among all nations of the world. I congratulate the Members of Congress who participated in this important demonstration of our dedication to that ideal.

This legislation will enable the Department to make the best possible use of available scientific manpower. Any employment, however, will continue to be subject to a prior determination that no qualified U. In certain areas of research now important in the technical program of the national Bureau of Standards, the availability of U. Two factors have contributed to this situation. In the first place, the well-recognized general shortage of scientists and engineers in the United States has definitely restricted the Bureau's ability to fill important research positions.

Secondly, some important Bureau research programs are in areas of the physical sciences that have not in recent years been fashionable or attractive to American students and scientists. In such fields, the training of new research scientists in American universities has been limited and the supply of new research personnel has continued to decline.

Development loans Requires that aid be cut off from any less developed country which refuses after December 31, , to agree to U. Directs the President, when appropriate, to assist in promoting the organization, implementation, and growth of the cooperative movement in Latin America. Committee to be comprised of nine members selected from business, labor and professional world, from the universities and foundations, and from among persons with extensive experience in government.

Final report December 31, Authorizes the Secretary of Treasury to sell U. To be available for sale, the currencies must be in excess of the needs of U. Government agencies and departments and not prohibited from such use or committed to other uses by agreements heretofore entered into with another country.

Prohibits any aid to Cuba on the assignment of any sugar quota to Cuba until appropriate steps according to international law standards are taken to compensate U. Provides that this restriction may not be waived. Aimed ay United Arab Republic. Requires the President to keep the Foreign Relations Committee and the Appropriations Committee of the Senate and the Speaker of the House fully informed of any aid to Indonesia under this act.

In such fields as education, health, housing, or agriculture, the facilities and resources of other Federal agencies must be utilized when they are particularly or uniquely suitable for technical assistance, are not competitive with private enterprise, and can be made available without interfering unduly with domestic programs.

During the grace period, interest can be as low as three-quarters of 1 percent. Change in title I to become effective January 1, I have today signed the Foreign Assistance Act of The economic and military aid programs authorized by this bill are indispensable to the security of the United States and the free world.

This bill reflects this Nation's determination to maintain that security by helping those nations willing to help themselves. It also reflects, unfortunately, the growing tendency to hamstring executive flexibility with rigid legislative provisions wholly inappropriate and potentially dangerous in a world of rapid change. I wish to make clear now, for example, that - when a free and peaceful government is ever established in Cuba - I intend to exercise my authority to provide essential health, educational, and other assistance to the Cuban people, without waiting for a long and complex adjudication.

In addition, this bill reflects a dangerous reduction in funds and a consequent dangerous reduction in our security. We cannot oppose the spread of communism and promote the growth of freedom by giving speeches. A policy of weakness and retreat - which any further reduction at the appropriation stage would represent - cannot be justified by the needs of our security, the financial strength of our Nation, or the attitude of our citizens.

All of us desire a greater efficiency in our aid programs - and, make no mistake about it, we are going to improve it - but in our pursuit of efficiency, let us not hamper the progress and safety of free men. I have already directed Administrator Bell to put our foreign operations on a sounder basis - to insist on maximum effort by aid recipients - and to intensify our efforts to eliminate excess or ineffective personnel.

We will resist reorganization for reorganization's sake - but we do intend to present to the Congress next year a more effective, efficient aid program. Our cautious new hopes for a reduction in the risk of all-out war may only imply an increase in Communist efforts to prevail through economic, political, and conventional military means, particularly in the underdeveloped countries. The aid programs of Truman, Eisenhower, and Kennedy are needed now more than ever - this is no time to fail.

This prohibition, however, does not apply to ordinary repairs. Continues the prohibition in existing law against payment or receipt of an amount in excess of 5 percent of any claim as remuneration for services rendered in connection therewith, together with the applicable penalties. In addition, this act specifically provides that no former commissioner or employee of the Philippine War Damage Commission or their assigns, and no person associated with any such commissioner or employee in connection with any claim filed under the Philippine War Claims Act will be eligible to receive any remuneration whatever in connection with the claim.

In addition the Foreign Claims Settlement Commission will be required to take action to recover from anyone receiving such remuneration an amount equal to three times the amount of remuneration received. Authorizes the President to appoint U. The Union is composed of 51 countries, including the United States, which are parties to the Convention of Paris for the Protection of Industrial Property. This convention is and has been for more than 70 years the major instrumentality through which the patents, trademarks, and industrial designs of U.

The international Control Commission was reestablished by action of the Geneva agreements signed by the United States and 13 other nations on July 23, The Commission supervises and controls the withdrawal of foreign military personnel from Laos; supervises and controls the cease-fire in Laos; investigates cases of illegal introduction of foreign military personnel into Laos; assists the Government of Laos in cases of illegal introduction of armaments into Laos; and investigates other possible violations of the provisions of the protocol and the declaration, the most important being the undertaking by the signatories not to use the territory of Laos as a corridor for interference in the internal affairs of other countries.

The protocol provides that the United States contribute Requires that the containers in which such articles are imported be marked, in addition to the country-of-origin marking, to indicate to any person who repackages such articles that, subject to penalties of law, the new packages must be marked to indicate to an ultimate purchaser the country of origin of their contents.

Requires when such articles are sold for use as, or used as, containers for other goods offered for sale, such containers must be marked to indicate to an ultimate purchaser of the goods the country of origin of the containers.

United Negro College Fund Inc. United World Federalists Inc. Universal American Realty Corp. Urban America Inc. Urban League of Pittsburgh Inc. Urban Renewal Notes-H. Washington Planning and Housing Association Inc. Webb, Del. Action Housing Inc. Alliance Inc. American Friends Service Committee Inc.

Americans for Democratic Action-Washington, D. Baza Ventura Inc. Chuckrow, Robert Construction Co. Continuing Prosperity Act of H. Conferences on Problems of cities and Suburbs-Sen. Contributions, Expenses, etc. Cooperative League of the U. Four Freedoms, Inc.

Greater Gary Committee of , Inc. Gumberg Co. Health and Welfare Association of Allegheny Co. Housing Pamphlet No. Houing Pamphlet No. Legislative Committee of P. David J. Modern Community Developers, Inc.


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