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National Economic Council (United States)

US federal government body chaired by the President for consideration of economic issues

National Economic Council (United States)

Common card · No. 326501

The National Economic Council (NEC) is the principal forum at the White House used by the president of the United States for the consideration of domestic and international economic policy matters with senior policymaking and Cabinet officials, and forms part of the Office of Policy Development which is within the Executive Office of the President of the United States. Since the creation of the National Economic Council on January 25, 1993, its purpose is to coordinate domestic and international economic policy-making decisions, advise the president on economic policy, with respect to domestic and international economic policy matters, coordinate with various agencies across the federal government to establish consistent policy with the president's stated goals, and monitor the implementation of the economic agenda of the president. The National Economic Council differs from the Domestic Policy Council, as it considers economic policy matters, while the Domestic Policy Council may consider...

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