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Wednesday, February 24, 2021

National Economic Council (United States)

US federal government body chaired by the President for considering economic issues


National Economic Council (United States)
National Economic Council (United States)

The National Economic Council (NEC) of the United States is the principal forum used by the President of the United States for considering economic policy matters, separate from matters relating to domestic policy, which are the domain of the Domestic Policy Council. The council forms part of the Office of White House Policy which contains the National Economic Council and other offices. The Director of the NEC is titled the Assistant to the President for Economic Policy and Director of the National Economic Council. The NEC is distinct from the Council of Economic Advisers (CEA), which was established in 1946. The CEA provides much of the objective empirical research for the White House and prepares the annual Economic Report of the President.

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