The chairman heads the council with two other members. They are supported by 15-20 professional staff and 5-10 support staff.
• Serve as a member of the president’s Cabinet
• Recruit key talent to join the CEA team
• Provide expert economic advice to the president through oral briefings, written memoranda and input into the economic policy process
• Represent the council at the principal level in the policy process, including through presidential economic briefings, White House senior advisor and senior staff meetings, Cabinet meetings and principals meetings and a variety of other forums
• Oversee CEA’s analytical work, as well as public reports and other products, including setting priorities for CEA’s analyses and written products; engage in their development; and provide guidance on analytical scope and choices
• Represent the CEA’s views in public and communicate how economics informs the president’s agenda; engage in speaking events and media interviews; meet frequently with academic experts, leaders from think tanks, businesses and advocacy organizations and officials from other branches of government as well as foreign governments
• Provide top-quality economic advice to the president and other members of the administration; the CEA monitors, reports and analyzes economic data for the president and operates as an “economics consulting shop” within the White House structure, answering economic questions from the President and other senior advisers
• Assess the economic impact of specific policy proposals under consideration by the administration
• Work with Treasury and the Office of Management and Budget (OMB) to set the administration’s economic forecast
• Explain the administration’s economic policies and economic data to Congress, the media and the public
• Write interpretations of each important release of economic data (e.g., GDP, unemployment and trade balances); these interpretations are presented to the president and top officials in advance of their public release and can help inform public responses to the data
• Oversee the drafting of the annual economic report of the president, a book-length description of administration economic policies and views