Presidential Memorandum from The WHITE HOUSE -Obama reliquishing his authority?

(http://www.freerepublic.com/) Didn't know how to classify this hot mess of a memo... And yeah...title is truncated to fit. Is he bypassing the constitutional chain of command?

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For Immediate Release                                                                                                March 25, 2015

Presidential Memorandum -- Delegation of Authority Pursuant to Section 1236(b)(2) of the National Defense Authorization Act for Fiscal Year 2015
MEMORANDUM FOR THE SECRETARY OF STATE

SUBJECT: Delegation of Authority Pursuant to Section 1236(b)(2) of the National Defense Authorization Act for Fiscal Year 2015

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, I hereby order as follows:

I hereby delegate the functions and authorities vested in the President by section 1236(b)(2) of the National Defense Authorization Act for Fiscal Year 2015 (Public Law 113-291) (the "Act") to the Secretary of State.

Any reference in this memorandum to the Act shall be deemed to be a reference to any future act that is the same or substantially the same as such provision.

You are authorized and directed to publish this memorandum in the Federal Register.

BARACK OBAMA

(Source)

https://m.whitehouse.gov/the-press-office/2015/03/25/presidential-memorandum-delegation-authority-pursuant-section-1236b2-nat
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