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15 U.S.C. § 1024 — Joint Economic Committee
Federal law — U.S. Code and appendices · legal_authorities
Page 1272
TITLE 15—COMMERCE AND TRADE
§ 1024
EX. ORD. NO. 12835. ESTABLISHMENT OF NATIONAL
ECONOMIC COUNCIL
Ex. Ord. No. 12835, Jan. 25, 1993, 58 F.R. 6189, as
amended by Ex. Ord. No. 13286, § 27, Feb. 28, 2003, 68 F.R.
10625; Ex. Ord. No. 13499, Feb. 5, 2009, 74 F.R. 6979; Ex.
Ord. No. 13569, § 2, Apr. 5, 2011, 76 F.R. 19891, provided:
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 or-
dered as follows:
SECTION 1. Establishment. There is established the Na-
tional 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) Secretary of Homeland Security;
(l) Secretary of Health and Human Services;
(m) Secretary of Education;
(n) Senior Advisor and Assistant to the President
for Intergovernmental Affairs and Public Liaison;
(o) Chair of the Council on Environmental Quality;
(p) Assistant to the President and Chief Technology
Officer;
(q)
Administrator
of
the
Small
Business
Administration[;]
(r) Administrator of the Environmental Protection
Agency;
(s) Chair of the Council of Economic Advisers;
(t) Director of the Office of Management and Budg-
et;
(u) United States Trade Representative;
(v) Assistant to the President for Economic Policy;
(w) Assistant to the President for Domestic Policy;
(x) National Security Adviser
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Page 1272
TITLE 15—COMMERCE AND TRADE
§ 1024
EX. ORD. NO. 12835. ESTABLISHMENT OF NATIONAL
ECONOMIC COUNCIL
Ex. Ord. No. 12835, Jan. 25, 1993, 58 F.R. 6189, as
amended by Ex. Ord. No. 13286, § 27, Feb. 28, 2003, 68 F.R.
10625; Ex. Ord. No. 13499, Feb. 5, 2009, 74 F.R. 6979; Ex.
Ord. No. 13569, § 2, Apr. 5, 2011, 76 F.R. 19891, provided:
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 or-
dered as follows:
SECTION 1. Establishment. There is established the Na-
tional 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) Secretary of Homeland Security;
(l) Secretary of Health and Human Services;
(m) Secretary of Education;
(n) Senior Advisor and Assistant to the President
for Intergovernmental Affairs and Public Liaison;
(o) Chair of the Council on Environmental Quality;
(p) Assistant to the President and Chief Technology
Officer;
(q)
Administrator
of
the
Small
Business
Administration[;]
(r) Administrator of the Environmental Protection
Agency;
(s) Chair of the Council of Economic Advisers;
(t) Director of the Office of Management and Budg-
et;
(u) United States Trade Representative;
(v) Assistant to the President for Economic Policy;
(w) Assistant to the President for Domestic Policy;
(x) National Security Adviser;
(y) Assistant to the President for Science and Tech-
nology Policy; and
(z) 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 Eco-
nomic 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-mak-
ing process with respect to domestic and international
economic issues; (2) to coordinate economic policy ad-
vice to the President; (3) to ensure that economic pol-
icy 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 imple-
mentation of the President’s economic policy agenda.
The Assistant may take such actions, including draft-
ing 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 eco-
nomic policy through the Council.
(c) In performing the foregoing functions, the Assist-
ant 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 con-
tinue to be the senior budget official in the executive
branch. The Council of Economic Advisers will con-
tinue 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 co-
operate with the Council and provide such assistance,
information, and advice to the Council as the Council
may request, to the extent permitted by law.
§ 1024. Joint Economic Committee
(a) Composition
There is established a Joint Economic Com-
mittee, to be composed of ten Members of the
Senate, to be appointed by the President of the
Senate, and ten Members of the House of Rep-
resentatives, to be appointed by the Speaker of
the House of Representatives. In each case, the
majority party shall be represented by six Mem-
bers and the minority party shall be represented
by four Members.
(b) Functions
It shall be the function of the joint com-
mittee—
(1) to make a continuing study of matters
relating to the Economic Report;
(2) to study means of coordinating programs
in order to further the policy of this chapter;
and
(3) as a guide to the several committees of
the Congress dealing with legislation relating
to the Economic Report, not later than March
1 of each year (beginning with the year 1947) to
file a report with the Senate and the House of
Representatives containing its findings and
recommendations with respect to each of the
main recommendations made by the President
in the Economic Report, and from time to
time to make such other reports and rec-
ommendations to the Senate and House of
Representatives as it deems advisable.
(c) Vacancies; selection of chairman and vice
chairman
Vacancies in the membership of the joint com-
mittee shall not affect the power of the remain-
ing members to execute the functions of the
joint committee, and shall be filled in the same
manner as in the case of the original selection.
The joint committee shall select a chairman and
a vice chairman from among its members.
(d) Hearings; employment and compensation of
personnel; cost of stenographic services; uti-
lization of Government services and private
research agencies
The joint committee, or any duly authorized
subcommittee thereof, is authorized to hold
such hearings as it deems advisable, and, within
the limitations of its appropriations, the joint
committee is empowered to appoint and fix the
compensation of such experts, consultants, tech-
nicians, and clerical and stenographic assist-
ants, to procure such printing and binding, and
Page 1273
TITLE 15—COMMERCE AND TRADE
§ 1025
1 See References in Text note below.
to make such expenditures, as it deems nec-
essary and advisable. The cost of stenographic
services to report hearings of the joint com-
mittee, or any subcommittee thereof, shall not
exceed 25 cents per hundred words. The joint
committee is authorized to utilize the services,
information, and facilities of the departments
and establishments of the Government, and also
of private research agencies.
(e) Appropriations
To enable the joint committee to exercise its
powers, functions, and duties under this chapter,
there are authorized to be appropriated for each
fiscal year such sums as may be necessary, to be
disbursed by the Secretary of the Senate on
vouchers signed by the chairman or vice chair-
man, except that vouchers shall not be required
for the disbursement of salaries of employees
paid at an annual rate.
(f) Service as attorney or expert for committee
Service of one individual, until the completion
of the investigation authorized by Senate Con-
current Resolution 26, Eighty-first Congress, as
an attorney or expert for the joint committee,
in any business or professional field, on a part-
time basis, with or without compensation, shall
not be considered as service or employment
bringing such individual within the provisions of
section 281, 283, or 284 of title 18,1 or of any other
Federal law imposing restrictions, require-
ments, or penalties in relation to the employ-
ment of persons, the performance of services, or
the payment or receipt of compensation in con-
nection with any claim, proceeding, or matter
involving the United States.
(Feb. 20, 1946, ch. 33, § 11, formerly § 5, 60 Stat. 25;
Aug. 2, 1946, ch. 753, title II, § 225, 60 Stat. 838;
Feb. 2, 1948, ch. 42, 62 Stat. 16; Oct. 6, 1949, ch.
627, §§ 1, 2, 63 Stat. 721; June 18, 1956, ch. 399, § 2,
70 Stat. 290; Pub. L. 86–1, Feb. 17, 1959, 73 Stat.
3; Pub. L. 88–661, Oct. 13, 1964, 78 Stat. 1093; Pub.
L. 90–2, Jan. 25, 1967, 81 Stat. 4; Pub. L. 93–554,
title I, ch. III, Dec. 27, 1974, 88 Stat. 1776; renum-
bered § 11, Pub. L. 95–523, § 104, Oct. 27, 1978, 92
Stat. 1893.)
Editorial Notes
REFERENCES IN TEXT
Sections 281 and 283 of title 18, referred to in subsec.
(f), were repealed by Pub. L. 87–849, § 2, Oct. 23, 1962, 76
Stat. 1126, except as they may apply to retired officers
of the armed forces of the United States, and were sup-
planted by sections 203 and 205 of Title 18, Crimes and
Criminal Procedure.
Section 284 of title 18, referred to in subsec. (f), was
repealed by Pub. L. 87–849, § 2, Oct. 23, 1962, 76 Stat. 1126,
and was supplanted by section 207 of title 18.
AMENDMENTS
1974—Subsec. (e). Pub. L. 93–554 inserted exception re-
lating to requirement of vouchers for the disbursement
of salaries of employees paid at an annual rate.
1967—Subsec. (a). Pub. L. 90–2 substituted ‘‘ten’’,
‘‘six’’, and ‘‘four’’ for ‘‘eight’’, ‘‘five’’, and ‘‘three’’, re-
spectively.
1964—Subsec. (e). Pub. L. 88–661 authorized appropria-
tions for such sums as may be necessary for each fiscal
year and eliminated provisions which limited the au-
thorization to a maximum of $125,000 yearly.
1959—Subsec. (a). Pub. L. 86–1 added one additional
Senator and one Representative to the Committee, and
substituted provisions requiring the majority party to
be represented by five Members and the minority party
to be represented by three Members for provisions
which required representation to reflect as nearly as
may be feasible the relative membership of the major-
ity and minority parties.
1956—Subsec. (a). Act June 19, 1956, substituted
‘‘Joint Economic Committee’’ for ‘‘Joint Committee on
the Economic Report’’.
1949—Subsec. (e). Act Oct. 6, 1949, § 1, substituted
‘‘$125,000’’ for ‘‘$50,000’’.
Subsec. (f). Act Oct. 6, 1949, § 2, added subsec. (f).
1948—Subsec. (b)(3). Act Feb. 2, 1948, substituted
‘‘March 1’’ for ‘‘February 1’’.
1946—Subsec. (b)(3). Act Aug. 2, 1946, substituted
‘‘February 1’’ for ‘‘May 1’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1974 AMENDMENT
Pub. L. 93–554 provided that the amendment made by
Pub. L. 93–554 is effective Jan. 1, 1975.
EFFECTIVE DATE OF 1946 AMENDMENT
Amendment by act Aug. 2, 1946, effective Aug. 2, 1946,
see section 245 of that act, set out as a note under sec-
tion 4301 of Title 2, The Congress.
SENATE MEMBERS OF JOINT ECONOMIC COMMITTEE FOR
107TH CONGRESS
Pub. L. 107–20, title II, § 2806, July 24, 2001, 115 Stat.
185, provided: ‘‘That notwithstanding any other provi-
sion of law, and specifically section 5(a) of the Employ-
ment Act of 1946 (15 U.S.C. 1024(a)), the Members of the
Senate to be appointed by the President of the Senate
shall for the duration of the One Hundred Seventh Con-
gress, be represented by six Members of the majority
party and five Members of the minority party.’’
Similar provisions were contained in Pub. L. 107–3,
Mar. 13, 2001, 115 Stat. 5.
AGENCY CONTRIBUTIONS FOR EMPLOYEES OF JOINT
ECONOMIC COMMITTEE
Pub. L. 106–554, § 1(a)(2) [title I, § 7], Dec. 21, 2000, 114
Stat. 2763, 2763A–98, provided that:
‘‘(a) Agency contributions for employees whose sala-
ries are disbursed by the Secretary of the Senate from
the appropriations account ‘Joint Economic Com-
mittee’ under the heading ‘JOINT ITEMS’ shall be paid
from the Senate appropriations account for ‘Salaries,
Officers and Employees’.
‘‘(b) This section shall apply to pay periods beginning
on or after October 1, 2000.’’
§ 1025. Printing of monthly publication by Joint
Economic Committee entitled ‘‘Economic In-
dicators’’; distribution
The Joint Economic Committee is authorized
to issue a monthly publication entitled ‘‘Eco-
nomic Indicators’’, and a sufficient quantity
shall be printed to furnish one copy to each
Member of Congress; the Secretary and the Ser-
geant at Arms of the Senate; the Clerk, Ser-
geant at Arms, and Chief Administrative Officer
of the House of Representatives; two copies to
the libraries of the Senate and House, and the
Congressional Library; seven hundred copies to
the Joint Economic Committee; and the re-
quired number of copies to the Superintendent
of Documents for distribution to depository li-
braries; and the Superintendent of Documents is
authorized to have copies printed for sale to the
public.
(June 23, 1949, ch. 237, 63 Stat. 264; Pub. L.
104–186, title II, § 217, Aug. 20, 1996, 110 Stat. 1747.)
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Composition** There is established a Joint Economic Committee, to be composed of ten Members of the Senate, to be appointed by the President of the Senate, and ten Members of the House of Representatives, to be appointed by the Speaker of the House of Representatives. In each case, the majority party shall be represented by six Members and the minority party shall be represented by four Members.
**(b) Functions** It shall be the function of the joint committee—
(1) to make a continuing study of matters relating to the Economic Report;
(2) to study means of coordinating programs in order to further the policy of this chapter; and
(3) as a guide to the several committees of the Congress dealing with legislation relating to the Economic Report, not later than March 1 of each year (beginning with the year 1947) to file a report with the Senate and the House of Representatives containing its findings and recommendations with respect to each of the main recommendations made by the President in the Economic Report, and from time to time to make such other reports and recommendations to the Senate and House of Representatives as it deems advisable.
**(c) Vacancies; selection of chairman and vice chairman** Vacancies in the membership of the joint committee shall not affect the power of the remaining members to execute the functions of the joint committee, and shall be filled in the same manner as in the case of the original selection. The joint committee shall select a chairman and a vice chairman from among its members.
**(d) Hearings; employment and compensation of personnel; cost of stenographic services; utilization of Government services and private research agencies** The joint committee, or any duly authorized subcommittee thereof, is authorized to hold such
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