Hogan Lovells 2024 Election Impact and Congressional Outlook Report
Stephen F. Propst
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Stephen is a recognized thought leader on economic sanctions issues. In 2011, he published a groundbreaking legal analysis regarding the authority of the President to modify the sanctions against Cuba. The paper, which was released at a forum at The Brookings Institution and presented to senior government officials, provides the legal analysis supporting President Obama's historic changes to the U.S. embargo against Cuba announced in December 2014.
Stephen has a wealth of experience advising clients regarding a full range of regulatory issues under the International Traffic in Arms Regulations (ITAR), the Export Administration Regulations (EAR), and the sanctions regulations administered by the Treasury Department's Office of Foreign Assets Control (OFAC). He has developed and implemented trade compliance programs, drafted Technical Assistance Agreements and export license applications, prepared commodity jurisdiction and classification requests, conducted internal compliance reviews, and drafted voluntary disclosures.
Stephen has particular strength in advising telecommunications industry clients, including satellite manufacturers and operators, network equipment manufacturers, and telecommunications service providers. He also works extensively with clients in the areas of aircraft, automotive, software development, chemicals, medical products, and higher education.
Stephen serves as the Co-Chair of the Hogan Lovells Touch program, the firm's global matched charitable giving campaign. He is also member of the Board of Directors of Gifts for the Homeless, a non-profit charitable organization that donates money and clothing to benefit the homeless in the Washington, D.C. area.