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AI Summary: This document is a policy document - specifically an Executive Order establishing a review council for the Federal Emergency Management Agency (FEMA). This regulation creates the Federal Emergency Management Agency Review Council to conduct a comprehensive assessment of FEMA's disaster response capabilities and performance. The council will consist of up to 20 members, including the Secretaries of Homeland Security and Defense as co-chairs, and will include experts from various sectors. The council's primary task is to produce a detailed report for the President within 180 days of its first public meeting, examining FEMA's disaster response over the previous four years, comparing its performance with state, local, and private sector responses, and analyzing the historical context and potential reforms for the agency. The council will solicit public comments and expert views, evaluate FEMA's current role in disaster relief, and provide recommendations for improving the agency's effectiveness, impartiality, and alignment with national interests. The council is set to terminate one year from the date of the order unless extended by the President.