Thursday, 15 March 2012

Council of Economic Advisors - CEA

A panel of three noted economists who advise the president of the United States on macroeconomic matters. The council consists of a chairman and two other members, all of whom are appointed by the president and approved by the Senate. Its primary goals are interpreting macroeconomic data, formulating economic policy for the White House, and overseeing other parts of the government to ensure all departments promote the current economic agenda.

Past chairman of the CEA include Alan Greenspan, and current Federal Reserve Chairman Ben Bernanke.

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