[Weekly Compilation of Presidential Documents Volume 29, Number 4 (Monday, February 1, 1993)]
[Pages 95-96]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Executive Order 12835--Establishment of the National Economic Council

 January 25, 1993

    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

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the Council as the Council may request, to the extent permitted by law.
                                            William J. Clinton
The White House,
January 25, 1993.

[Filed with the Office of the Federal Register, 2:07 p.m., January 25, 
1993]

Note: This Executive order was published in the Federal Register on 
January 27.