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Actors in
U.S. Economic Policy
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1.
Executive Branch |
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The
executive branch is just one of several players in the
U.S. political economy, such as Congress, the Federal
Reserve, the judicial branch and the private sector in
form of private and public interest groups. |
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U.S.
President |
Presents
his Economic
Report and usually hopes for the best. |
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Council
of Economic Advisors |
The team
of advisers on all sorts of economic issues |
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National
Economic Council |
The
coordination and advisory body in the Executive Office
of the President. Advises the President on U.S. and
global economic policy. |
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Cabinet
& Departments |
Here you
find the current cabinet and the different Departments |
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USTR |
The USTR
is the chief negotiator in U.S. trade
negotiations. |
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2.
Legislative Branch |
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Next to
the President and his Executive branch is the Congress.
As you now, the U.S. is a system of checks and balances.
In the Congress, especially developments the discussions
in the committees are of importance.The committees, of
course, change according to the topics
debated. |
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U.S.
Congress |
This is a
gateway to the legislative branch with the House
of Representatives and the Senate. |
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Committees |
An
overview of Senate
Committees as well as HOR
Committees can be found here. |
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3.
Judicial Branch |
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This
branch is important in terms of enforcement and
implementation of laws. As you know, the U.S. are a
common law country, as opposed to countries such as
France and Germany. Hence, the judicial systems work
differently. |
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Judicial
branch |
Here you
find a link on law
resources. Including the U.S. code.
There is also a gateway to U.S.
courts. |
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Supreme
Court |
The U.S.
Supreme Court can be found here and opinions and
decisions under this link |
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4.
Independent Regulatory Bodies |
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Based
upon their administative as well as institutional
independence, the bodies are major players next to
executive and legislative
branch. |
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Federal
Reserve Board |
The
worlds most powerful central bank |
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Federal
Trade Commission |
This is
an independent agency that reports to the Congress |
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There are
some other regulatory agencies that would be worth it to
mention. Hence the side will be expanded as soon as I
have more time! |
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Also,
go to the individual think tanks to look up
material. Here is a list. |
©
2004 Nicola
Jentzsch - last update: 12/10/04 |
