The Council of Economic Advisers is an agency within the Executive Office of the President in Washington, DC. Established by Congress in 1946, it is responsible for providing objective economic advice to the President on both domestic and international economic policy. The Council analyzes economic developments, reviews government policies, and formulates recommendations based on research and empirical evidence to support the President in setting the nation's economic agenda.
Composed of three members, including a Chair appointed by the President with Senate approval, the Council assists in preparing the annual Economic Report and recommends economic policies that benefit American workers. Under President Biden, Jared Bernstein serves as Chair, while Heather Boushey and Kirabo Jackson are Members of the CEA. Together, they play a crucial role in guiding America's economic recovery and ensuring a better future for the nation.
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