I'm all for undoing the Smith Mundt "Modernization" but this EO doesn't mention propaganda once.     This is true.  But the way I read this, foreign propaganda used to influence American citizens is implied by the wording.     The counterpoint to my statement could be something along the lines of "but Smith Mundt propaganda is domestic in it's origins," which is true, however...    If that "domestic" propaganda is being broadcast by entities who are funded by foreign interests, such as share holders, then they could/would technically fall under the scope of this E.O.      That's how I understand this E.O. and it's relationship to Smith-Mundt.