The law committed the federal government to active economic management in the postwar era and created institutional tools (including the CEA) that shaped U.S. economic policy for decades.
President Truman signed the Employment Act of 1946, declaring that it is the policy and responsibility of the federal government to promote maximum employment, production, and purchasing power and establishing the framework for the Council of Economic Advisers.
The law committed the federal government to active economic management in the postwar era and created institutional tools (including the CEA) that shaped U.S. economic policy for decades.
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The Trump administration is advancing a proposal to eliminate tax exemptions for private colleges that implement diversity, equity, and inclusion (DEI) policies.
Trump signed a bill to prevent a government shutdown ahead of the midterm elections.
Senators left negotiations without reaching an agreement on a voting bill demanded by Trump.
Trump outlined new demands for a sanctions bill targeting Iran and Russia.