Council of Economic Advisers

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Executive Office of the President
Trump Administration

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Current divisions:
Council of Economic AdvisersCouncil on Environmental QualityOffice of Management and Budget • Office of National Drug Control PolicyOffice of Science and Technology Policy
Former divisions:
Domestic Policy CouncilNational Economic Council • National Security Council • Office of Intergovernmental AffairsOffice of Public Engagement • Office of the U.S. Trade Representative

The Council of Economic Advisers (CEA) is an agency focused on economic policy within the Executive Office of the President. Established in 1946 by Congress, the CEA provides the president with economic advice on domestic and international economic policy using research and empirical evidence.[1]

The CEA is composed of a chair and two members. As of April 2025, under the second Donald Trump (R) administration, Stephen Miran served as chairman of the CEA. Pierre Yared and Kim Ruhl served as members.[1]

Mission

As of April 2025, the White House provided the following mission for the CEA:

The Council of Economic Advisers, an agency within the Executive Office of the President established by Congress in the 1946 Employment Act, is charged with offering the President objective economic advice on the formulation of both domestic and international economic policy. The Council bases its recommendations and analysis on economic research and empirical evidence, using the best data available to support the President in setting our nation’s economic policy to promote employment, production, and purchasing power under free competitive enterprise.[2]

—White House[1]

Activities

The White House listed the following tasks as under the scope of the CEA:

  • Assisting the President in preparing the Economic Report, an annual report written by the CEA Chair that provides an overview of the nation’s economic progress
  • Analyzing information on economic developments and trends
  • Reviewing federal government policies and programs to ensure they continue to promote sound economic policy
  • Recommending economic policies that will benefit American workers[2]
—White House[3]

Leadership

This table provides a list of chairs of the Council of Economic Advisers from 1981 to 2025.[4][5]

Chairs of the Council of Economic Advisers, 1981-2025
Chair Tenure Administration
Stephen Miran 2025-present Republican Party Donald Trump
Jared Bernstein 2023-2024 Democratic Party Joe Biden
Cecilia Rouse 2021-2023 Democratic Party Joe Biden
Kevin Hassett 2017-2019 Republican Party Donald Trump
Jason Furman 2013-2017 Democratic Party Barack Obama
Alan Krueger 2011-2013 Democratic Party Barack Obama
Austan Goolsbee 2010-2011 Democratic Party Barack Obama
Chrisina Romer 2009-2010 Democratic Party Barack Obama
Edward Lazear 2006-2009 Republican Party George W. Bush
Ben Bernanke 2005-2006 Republican Party George W. Bush
Harvey Rosen 2005 Republican Party George W. Bush
N. Gregory Mankiw 2003-2005 Republican Party George W. Bush
R. Glenn Hubbard 2001-2003 Republican Party George W. Bush
Martin N. Baily 1999-2001 Democratic Party Bill Clinton
Janet Yellen 1997-1999 Democratic Party Bill Clinton
Joseph Stiglitz 1995-1997 Democratic Party Bill Clinton
Laura D'Andrea Tyson 1993-1995 Democratic Party Bill Clinton
Michael Boskin 1989-1993 Republican Party George H.W. Bush
Beryle Sprinkel 1985-1989 Republican Party Ronald Reagan
Martin Feldstein 1982-1984 Republican Party Ronald Reagan
Murray Weidenbaum 1981-1982 Republican Party Ronald Reagan

Executive Office of the President

See also: Executive Office of the President

The Executive Office of the President (EOP) is a group of federal entities responsible for advising and supporting the president's policy agenda and administration. The EOP's composition has changed over time as different presidential administrations have added, transferred, and removed entities from the office.

Under the second Trump administration, the EOP included the following 5 offices:

Recent news

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See also

Footnotes