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First, because the president had no explicit power to close banks, they urged him to use the 1917 Trading with the Enemy Act, an obscure wartime provision that was intended to prevent gold transfers that could help the Germans. It is a violation of the Trading With the Enemy Act for Americans to spend money on Cuban soil without OFAC approval, which typically takes several months to secure and is only bestowed on Cuban Americans and religious, cultural, and educational groups. Federal charges against two Key West, FL, sailors for violating the Trading With the Enemy Act were dropped Nov. |
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