The President’s action authorizes FEMA to coordinate all federal disaster relief efforts to alleviate the hardship and suffering caused by the emergency on the local population and to provide appropriate assistance to save lives, to protect property, public health and safety and to lessen or avert the threat of a catastrophe for the islands of Agrihan, Alamagan, Pagan, Rota, Saipan and Tinian.

Specifically, FEMA is authorized to identify, mobilize and provide at its discretion, equipment and resources necessary to alleviate the impacts of the emergency. Emergency protective measures, limited to direct federal assistance, under the public assistance program, will be provided at 75% federal funding. 

Benigno B. Ruiz has been named Federal Coordinating Officer for federal recovery operations in the affected areas. 

Original source can be found here