Departments & agencies
Council of Economic Advisers
EOPAt-will removal
At a glance
Type
Executive Office of the President
Removal of leadership
Removable at will
Appointed by
Appointed by the President, confirmed by the Senate
Structure
3-member board · led by the Chairman
Term
No fixed term
Funding
Annual appropriations
Independence
Direct presidential control
What it does
The Council of Economic Advisers is a three-member body inside the Executive Office of the President that gives the President objective, evidence-based advice on domestic and international economic policy. It analyzes economic trends, appraises federal programs, and prepares the annual Economic Report of the President. It is purely advisory and has no regulatory authority over outside parties.
FinancialTrade
How it fits
Created by Congress under the Employment Act of 1946 (15 U.S.C. § 1023; Pub. L. 79-304, ch. 33, § 4, 60 Stat. 24), it acts within the authority that statute grants. Its actions are subject to judicial review and to congressional oversight and funding.
Recent actions
Recent Federal Register actions for this agency aren't available right now.