United States National Economic Council

United States National Economic Council

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United States National Economic Council

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Description:
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 DPC, the National Economic Council and various subordinate offices, such as the Office of National AIDS Policy. The Director of the NEC is titled the Assistant to the President for Economic Policy and Director of the National Economic Council.

History and Mission

The National Economic Council was created on January 25, 1993, by , to coordinate the economic policy making process and provide economic policy advice to the President. The Council also ensures that economic policy decisions and programs are consistent with the President’s stated goals, and monitors the implementation of the President’s economic goals. Its creation fulfilled a major campaign pledge of President Clinton to put the then current economic situation of the United States at the forefront of federal policy making.

Even before the formal creation of the NEC, some form of a economic policy staff had existed in the White House since the 1960s. President Lyndon B. Johnson assigned a senior-level aide to organize staff and develop domestic policy, which included economic policy. In 1970, President Richard M. Nixon issued an executive order that created the Office of...
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