From: Clinton-HQ@Campaign92.Org (Clinton/Gore '92)
Newsgroups: alt.news-media,alt.politics.org.misc
Subject: CLINTON: ESTABLISHMENT OF THE NATIONAL ECONOMIC COUNCIL
Date: 25 Jan 1993 21:35:55 -0500
Organization: MIT Artificial Intelligence Lab
NNTP-Posting-Host: life.ai.mit.edu


                          THE WHITE HOUSE

                   Office of the Press Secretary

 For Immediate Release                          January 25, 1993


                          EXECUTIVE ORDER

                           - - - - - - -

            ESTABLISHMENT OF THE NATIONAL ECONOMIC COUNCIL


      By the authority vested in me as President of the United States
 by the Constitution and the laws of the United States of America,
 including sections 105, 107, and 301 of title 3, United States Code,
 it is hereby ordered as follows:

      Section 1.  Establishment.  There is established the National
 Economic Council ("the Council").

      Sec. 2.  Membership.  The Council shall comprise the:

      (a)  President, who shall serve as Chairman of the Council;

      (b)  Vice President;

      (c)  Secretary of State;

      (d)  Secretary of the Treasury;

      (e)  Secretary of Agriculture;

      (f)  Secretary of Commerce;

      (g)  Secretary of Labor;

      (h)  Secretary of Housing and Urban Development;

      (i)  Secretary of Transportation;

      (j)  Secretary of Energy;

      (k)  Administrator of the Environmental Protection Agency;

      (l)  Chair of the Council of Economic Advisers;

      (m)  Director of the Office of Management and Budget;

      (n)  United States Trade Representative;

      (o)  Assistant to the President for Economic Policy;

      (p)  Assistant to the President for Domestic Policy;

      (q)  National Security Adviser;

      (r)  Assistant to the President for Science and Technology
 Policy; and

      (s)  Such other officials of executive departments and agencies
 as the President may, from time to time, designate.

      Sec. 3.  Meetings of the Council.  The President, or upon his
 direction, the Assistant to the President for Economic Policy ("the
 Assistant"), may convene meetings of the Council.  The President
 shall preside over the meetings of the Council, provided that in his
 absence the Vice President, and in his absence the Assistant, will
 preside.

      Sec. 4.  Functions.  (a)  The principal functions of the Council
 are:  (1) to coordinate the economic policy-making process with
 respect to domestic and international economic issues; (2) to
 coordinate economic policy advice to the President; (3) 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 (4) to monitor implementation of the
 President's economic policy agenda.  The Assistant may take such
 actions, including drafting a Charter, as may be necessary or
 appropriate to implement such functions.

      (b)  All executive departments and agencies, whether or not
 represented on the Council, shall coordinate economic policy through
 the Council.

      (c)  In performing the foregoing functions, the Assistant will,
 when appropriate, work in conjunction with the Assistant to the
 President for Domestic Policy and the Assistant to the President for
 National Security.

      (d)  The Secretary of the Treasury will continue to be the
 senior economic official in the executive branch and the President's
 chief economic spokesperson.  The Director of the Office of
 Management and Budget, as the President's principal budget
 spokesperson, will continue to be the senior budget official in the
 executive branch.  The Council of Economic Advisers will continue its
 traditional analytic, forecasting and advisory functions.

      Sec. 5.  Administration.  (a)  The Council may function through
 established or ad hoc committees, task forces or interagency groups.

      (b)  The Council shall have a staff to be headed by the
 Assistant to the President for Economic Policy.  The Council shall
 have such staff and other assistance as may be necessary to carry out
 the provisions of this order.

      (c)  All executive departments and agencies shall cooperate with
 the Council and provide such assistance, information, and advice to
 the Council as the Council may request, to the extent permitted by
 law.


                                    WILLIAM J. CLINTON


 THE WHITE HOUSE,     January 25, 1993.


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