It was established in 2007, meeting for the first time on 21 September.
It is within the Executive Office of the President. A fiscal conservative with a history of research on tax policy, Hassett also had previous high profile political advisory posts, having served as a policy adviser to the Treasury Department under Presidents George H.W. At the time of his nomination to the CEA in 2017, Hassett was the State Farm James Q. Wilson Chair in American Politics and Culture and Director of Research for Domestic Policy at the American Enterprise Institute.While the chairman of the current CEA carries a more conservative approach to economic matters than previous Councils, President Trump removed the CEA chairman from a cabinet-level position.
There are 2 positions on the council currently vacant. His husband is a fellow academic, whom he met at the Adam Smith Institute at a party for a book titled “How to Win Every Argument.” Council of Economic Advisors - CEA: A panel of three noted economists who advise the president of the United States on macroeconomic matters. Council of Economic Advisers, advisory body within the executive branch of the United States government comprising three professional members who are appointed by the president and subject to approval by the Senate. The Council of Economic Advisers is an agency that advises the U.S. president on fiscal policy. His interest in economics is wide-ranging — tackling monetary economics, financial regulation, access to credit and digital payment systems.Goodspeed ended up moving from England to the U.S. after he cold-called Hassett in 2017 and expressed his interest in serving in the Trump administration.Goodspeed has served on the council since 2017 as a senior economist, chief economist for macroeconomic policy and then as a member. The Council shall be composed of three members who shall be appointed by the President, by and with the advice and consent of the Senate, and each of whom shall be a person who, as a result of his training, experience, and attainments, is exceptionally qualified to analyze and interpret economic developments, to appraise programs and activities of the Government in the light of the policy declared in section 2, and to formulate and recommend national economic policy to promote employment, production, and purchasing power under free competitive enterprise. Mr. Philipson, a … He is on leave from George Washington University where he is a Professor of Economics and International Affairs. White House Council of Economic Advisers Acting Chairman to Depart Tomas Philipson will step down next week, leaving the three-member panel with one remaining The CEA provides much of the empirical research for the White House and prepares the annual Economic Report of the President. The duties and functions of the CEA include:Edward P. Lazear is Chairman of the Council of Economic Advisers (CEA). The portion of the bill that authorizes the Council is presented below: He’s expected to stay in his new role through President Donald Trump’s reelection bid.The former academic economist will serve as acting chair of Trump’s CEA, providing economic analysis and guidance on the coronavirus response.“Tyler is an excellent choice to lead the CEA,” said Andrew Olmem, former deputy director of the National Economic Council in the Trump White House. The council consists of a …
It shall be the duty and function of the Council–“There is hereby created in the Executive Office of the President a Council of Economic Advisers (hereinafter called the “Council”). Robert Stanley Herren, North Dakota State University “The Council of Economic Advisers was established by the Employment Act of 1946 to provide the President with objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues” (Economic Report of the President 2001: 257). Bush and Bill Clinton and as an economic advisor to the Presidential campaigns of John McCain, George W. Bush, and Mitt Romney.Hassett is the co-author of the book "Dow 36,000," published in 1999.