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- Created by the Employment Act of 1946WhiteHouse.gov: Council of Economic Advisers Official page]
- George W. Bush administration members: Edward P. Lazear (chairman) and Donald B. Marron; one vacant chairWhiteHouse.gov: Council of Economic Advisers Official page]
- Obama selected Christina Romer as chair for his new administrationCNN: Obama names his economic team (November 24, 2008)
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The Council of Economic Advisers is a cabinet-level council consisting of three members appointed by the U.S. President and with the advice and consent of the Senate. On November 24, 2008, President-Elect Barack Obama named UCLA economist Christina Romer to chair his Council of Economic Advisers.CNN: Obama names his economic team (November 24, 2008)
Purposes of the Council
- to assist the President prepare the Economic ReportWhiteHouse.gov: About the Council of Economic Advisers
- to gather information about economic developments and trendsWhiteHouse.gov: About the Council of Economic Advisers
- to advise other Federal Government bodies on economic issuesWhiteHouse.gov: About the Council of Economic Advisers
- to develop and recommend economic policiesWhiteHouse.gov: About the Council of Economic Advisers
- to make and furnish additoinal reports and recommendations as required by the PresidentWhiteHouse.gov: About the Council of Economic Advisers
Why Obama Chose Romer
"Christina is both a leading macroeconomist and a leading economic historian, perhaps best known for her work on America's recovery from the Great Depression and the robust economic expansion that followed. Since 2003, she has been co-director of the National Bureau of Economic Research Monetary Economics program. She is also a member of the Bureau's Business Cycle Dating Committee—the body charged with officially determining when a recession has started and ended—experience which will serve her well as she advises me on our current economic challenges." Barack ObamaWashington Wire: Text of President-Elect Obama’s Remarks on Economic Team (November 24, 2008)-
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Council of Economic Advisers Questions
If you want to speak to the city council, how do you arranged this chance? 4 AnswersWhere I live, all of the city councils (several small towns make up my community) let you sign up to address the council if you show up a few minutes before the... read more
i have guater but i dont how to play plz give me a advise how to play 1 AnswerThere are websites that offer instruction videos on how to play the guitar. It teaches beginning skills as well. read more
What is the most economical parking lot nearly Hollywood and Highland in Los Angeles, California? 1 AnswerFive Star Parking 6801 Hollywood Blvd Los Angeles, CA 90028 323 817 0200 Entrances are on Highland Avenue and Orange Avenue. Parking rates are $2.00 for up t... read more



