The **Council of Economic Advisers (CEA)** is a key agency within the U.S. Executive Office of the President, established in 1946 by the Employment Act to provide the President with objective economic analysis and advice on both domestic and international economic policy[1][2][6]. Its core mission is to promote *maximum employment, production, and purchasing power* by offering data-driven insights that inform policy decisions[1][6]. The CEA is composed of a Chair and typically two to three additional economists, all appointed by the President, with the Chair requiring Senate confirmation[2]. Supported by a team of professional economists and staff, the Council analyzes complex economic indicators such as GDP, inflation, and unemployment to forecast economic trends and assess the impacts of proposed legislation or executive actions[1][4]. A fundamental output of the CEA is the **annual Economic Report of the President**, a comprehensive publication reviewing the previous year’s economic performance and outlining policy goals aligned with the administration’s agenda[2][3]. This report relies on authoritative data from sources like the Bureau of Economic Analysis and Bureau of Labor Statistics, making it a vital resource for policymakers, economists, and the public[2]. Historically, the CEA’s formation was rooted in post-World War II concerns about returning to economic depression, aiming to institutionalize Keynesian fiscal policy principles to maintain economic stability and growth[6]. Early internal disagreements about the Council’s role reflected differing views on whether it should be strictly impartial or politically engaged, but over time it has become an indispensable part of the policy process. The CEA not only advises the President directly but also participates in inter-agency deliberations, shaping economic policy proposals and public understanding through briefings, memos, and media engagement[4][5]. It often acts as a safeguard against poorly conceived policies by evaluating potential unintended consequences[8]. Notably, the CEA has been a training ground for prominent economists, including Nobel laureates like Paul Kru