What is the Council of Economic Advisers?
In 1946, the United States passed the Employment Act, which among other things, set up a special presidential advisory committee called the Council of Economic Advisors (CEA). This Council would consist of three members, one of whom who would chair the Council, and each advisor would be decided on by presidential appointment, which then had to be confirmed by the US Senate. In overview, the main goals of the Council of Economic Advisors were to evaluate the economy, and government programs and how they affected the economy. From this analysis, they reported to the president, and advised on and helped to develop economic policy based on their findings.
