07/02/1957
https://www.presidency.ucsb.edu...
"The functions conferred upon the President by Title II of the Act are hereby delegated to the Director of the Foreign Operations Administration."
"In implementing these policies with respect to agricultural commodities, the United States Government will seek to assure conditions of commerce permitting the private trader to function effectively."
"The functions under section 108 of the Act, with respect to making reports to Congress, are reserved to the President."
"I shall look to the Chairman to advise me concerning policy issues which arise."