Council of Economic Advisers, The White House

Established by Congress as a part of the Employment Act of 1946, the Council of Economic Advisers (CEA) is an agency within the Executive Office of the President that is charged with offering the President objective economic advice on the formulation of both domestic and international economic policy. The Council bases its recommendations and analysis on economic research and empirical evidence, using the best data available to support the President in setting our nations economic policy. As stated in the Act, It shall be the duty and function of the Council 1. to assist and advise the President in the preparation of the Economic Report; 2. to gather timely and authoritative information concerning economic developments and economic trends, both current and prospective, to analyze and interpret such information in the light of the policy declared in section 2 for the purpose of determining whether such developments and trends are interfering, or are likely to interfere, with the...