Tag national economic council nec
The National Economic Council (NEC) is a key economic advisory body in the United States, established by President Bill Clinton in 1993. The NEC is responsible for providing economic advice to the President and coordinating the development of the administration's economic policy.
Here are some key tags related to the National Economic Council (NEC):
- Economic Policy: The NEC is responsible for developing and implementing the administration's economic policy, including fiscal policy, monetary policy, and trade policy.
- White House: The NEC is a part of the Executive Office of the President and is located in the White House.
- Cabinet-Level: The NEC is a cabinet-level agency, meaning that its director is a member of the President's cabinet.
- Economic Advisors: The NEC is staffed by a team of economic advisors, including the Director of the NEC, who serves as the President's chief economic advisor.
- Budget: The NEC plays a key role in the development of the federal budget, working closely with the Office of Management and Budget (OMB) and other agencies.
- Trade: The NEC is involved in the development of trade policy, including negotiations with foreign governments and the implementation of trade agreements.
- Regulatory Policy: The NEC works with regulatory agencies to develop and implement policies that promote economic growth and job creation.
- Infrastructure: The NEC is involved in the development of infrastructure policy, including transportation, energy, and water infrastructure.
- Climate Change: The NEC plays a key role in the development of climate change policy, including the implementation of the Paris Agreement and other international climate agreements.
- Innovation: The NEC is involved in the development of innovation policy, including initiatives to promote entrepreneurship, research and development, and technology transfer.
Some notable directors of the National Economic Council include:
- Laura Tyson (1995-1997)
- Gene Sperling (1997-2001, 2011-2014)
- Lawrence Summers (2009-2011)
- Jeff Zients (2014-2017)
- Gary Cohn (2017-2018)
- Larry Kudlow (2018-2021)
- Brian Deese (2021-present)