About the NEC

The National Economic Council was created by a presidential executive order which was released January 25, 1993.

The principal functions of the Council are:

To coordinate the economic policy-making process with respect to domestic and international economic issues;
To coordinate economic policy advice to the President;
To ensure that economic policy decisions and programs are consistent with the President's stated goals, and to ensure that those goals are being effectively pursued; and
To monitor implementation of the President's economic policy agenda.

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