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Council of Economic Advisers
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Council of Economic Advisors

President George W. Bush speaks to the press after the signing of the 2008 Economic Report Monday Feb. 11, 2008, in the Oval Office. Joining President Bush are, from left, Chuck Blahous, Deputy Assistant to the President for Economic Policy; Pierce Scranton, Chief of Staff, Council of Economic Advisers; Eddie Lazear, Chairman, Council of Economic Advisers; Donald Marron, Senior Economic Adviser, Council of Economic Advisers; and Keith Hennessey, Assistant to the President for Economic Policy. White House photo by Joyce N. Boghosian
President George W. Bush speaks to the press after the signing of the 2008 Economic Report Monday Feb. 11, 2008, in the Oval Office. Joining President Bush are, from left, Chuck Blahous, Deputy Assistant to the President for Economic Policy; Pierce Scranton, Chief of Staff, Council of Economic Advisers; Eddie Lazear, Chairman, Council of Economic Advisers; Donald Marron, Senior Economic Adviser, Council of Economic Advisers; and Keith Hennessey, Assistant to the President for Economic Policy. White House photo by Joyce N. Boghosian

Council of Economic Advisers

Edward P. Lazear is Chairman of the Council of Economic Advisers (CEA). Donald B. Marron is a Member of the CEA; one position on the council is currently vacant. The CEA was established by the Employment Act of 1946 to provide the President with objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues.

The CEA includes three members who are appointed by the President, by and with the advice and consent of the Senate. The President shall designate one of the members as Chairman. The duties and functions of the CEA include:

  1. to assist and advise the President in the preparation of the Economic Report;
  2. to gather timely and authoritative information concerning economic developments and economic trends, both current and prospective, to analyze and interpret such information for the purpose of determining whether such developments and trends are interfering, or are likely to interfere, with the achievement of such policy, and to compile and submit to the President studies relating to such developments and trends;
  3. to appraise the various programs and activities of the Federal Government for the purpose of determining the extent to which such programs and activities are contributing, and the extent to which they are not contributing, to the achievement of such policy, and to make recommendations to the President with respect thereto;
  4. to develop and recommend to the President national economic policies to foster and promote free competitive enterprise, to avoid economic fluctuations or to diminish the effects thereof, and to maintain employment, production, and purchasing power;
  5. to make and furnish such studies, reports thereon, and recommendations with respect to matters of Federal economic policy and legislation as the President may request.
CEA Publications
2008 Economic Report of the PresidentFebruary 11, 2008
Economic Report
of the President
Economic Indicators
(a monthly publication)


Speeches and Statements
October 7, 2008
Encouraging Growth and Stability icon - PDF
July 28, 2008
Press Briefing by Director of the Office of Management and Budget Jim Nussle and Chairman of the Council of Economic Advisers Dr. Ed Lazear on the Mid-Session Review
June 2, 2008
Pro-Growth Tax Policy icon - PDF
May 14, 2008
Responding to the Global Food Crisis icon - PDF
May 1, 2008
Press Briefing on Food Aid by OMB Deputy Director Steve McMillin, CEA Chairman Ed Lazear, and Deputy National Security Adviser for International Economic Affairs Dan Price
March 7, 2008
Press Briefing by Dana Perino and Edward Lazear, Chairman of the Council of Economic Advisers and Keith Hennessey, Director of the National Economic Council
February 11, 2008
President Bush Signs 2008 Economic Report
Fact Sheet: The Economic Report of the President
Press Briefing by Edward Lazear, Chairman, Council of Economic Advisers on the Economic Report of the President
February 7, 2008
President Bush Discusses Pending Presidential Nominations, Urges Senate Confirmation
January 18, 2008
Press Briefing by Treasury Secretary Henry Paulson and Chairman of the Council of Economic Advisers Ed Lazear
November 29, 2007
Press Briefing on the Administration's Economic Forecast by CEA Chairman Ed Lazear
Joint Press Release of the Council of Economic Advisers, the Department of the Treasury, and the Office of Management and Budget icon - PDF
August 3, 2007
Press Briefing on the Economy and Budget
July 27, 2007
Press Briefing on the Economy
June 6, 2007
Administration Economic Forecast icon - PDF

Press Briefing on the Administration's Economic Forecast by Council of Economic Advisers Chairman Ed Lazear
April 11, 2007
An Examination of the Availability and Affordability of Property and Casualty Insurance in the Gulf Coast and Other Coastal Regions icon - PDF
March 19, 2007
Promoting Stronger Economic Growth: What Public Policy Can Do To Improve Productivity icon - PDF
March 2, 2007
Remarks at the Economic Summit of the Stanford Institute for Economic Policy Research icon - PDF
February 28, 2007
A Review of the Administration's Energy Proposals for the Transportation Sector icon - PDF

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