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Council on Foreign Economic Policy: Difference between revisions
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{{ | {{Organization | ||
|OrganizationName= Council on Foreign Economic Policy | |||
|OrganizationType= Boards, Commissions, and Committees | |||
|Mission= The Council on Foreign Economic Policy was established to coordinate and develop U.S. foreign economic policy, ensuring consistency between domestic and international economic strategies. Its mission was to provide a high-level focus on international economic issues under presidential guidance. | |||
|OrganizationExecutive= Special Assistant to the President | |||
|Employees= | |||
|Budget= | |||
|Website= | |||
|Services= Policy Coordination; Economic Analysis; Policy Recommendations | |||
|ParentOrganization= | |||
|CreationLegislation= Executive Order by President Dwight D. Eisenhower | |||
|Regulations= | |||
|HeadquartersLocation= | |||
|HeadquartersAddress= | |||
}} | |||
The U.S. '''Council on Foreign Economic Policy''' (CFEP) was a high-level organization created by President Dwight D. Eisenhower in December 1954 to coordinate the development of the foreign economic policy of the United States. | The U.S. '''Council on Foreign Economic Policy''' (CFEP) was a high-level organization created by President Dwight D. Eisenhower in December 1954 to coordinate the development of the foreign economic policy of the United States. | ||
'''Council on Foreign Economic Policy (CFEP)''' was a high-level U.S. government body created by President Dwight D. Eisenhower in 1954 to coordinate the nation's foreign economic policy. The CFEP was responsible for ensuring that U.S. economic policy abroad was aligned with national interests, involving analysis, policy formulation, and coordination among various government departments. | |||
==Mission== | |||
The mission of the Council on Foreign Economic Policy was to coordinate the development of U.S. foreign economic policy through a high-level interdepartmental effort. It aimed to achieve consistency between domestic and foreign economic policies, provide a comprehensive approach to international economic issues, and serve as a clearinghouse for information and policy analysis<ref>{{cite web |url=https://en.wikipedia.org/wiki/Council_on_Foreign_Economic_Policy |title=Council on Foreign Economic Policy - Wikipedia |access-date=January 27, 2025}}</ref>. | |||
==Parent organization== | |||
The CFEP did not have a direct parent organization but was part of the executive branch under the oversight of the President of the United States. | |||
==Legislation== | |||
The CFEP was established by **Executive Order 10583** by President Dwight D. Eisenhower on December 11, 1954<ref>{{cite web |url=https://en.wikipedia.org/wiki/Council_on_Foreign_Economic_Policy |title=Council on Foreign Economic Policy - Wikipedia |access-date=January 27, 2025}}</ref>. | |||
==Partners== | |||
- Various U.S. government departments and agencies, including the Departments of State, Treasury, Commerce, Agriculture, and others. | |||
==Number of employees== | |||
The exact number of employees or staff for the CFEP is not specified in historical records. | |||
==Organization structure== | |||
The structure of the CFEP included: | |||
===Leader=== | |||
The council was chaired by a **Special Assistant to the President**, initially Joseph M. Dodge, followed by Clarence B. Randall. | |||
===Divisions=== | |||
- **Policy Coordination** for aligning departmental policies. | |||
- **Economic Analysis** for studying trends and implications of foreign economic policies. | |||
==List of programs== | |||
- **Policy Formulation and Coordination** across government agencies. | |||
- **Handbook on Foreign Economic Policy** preparation for policy reference. | |||
==Last total enacted budget== | |||
Specific budget details for the CFEP are not publicly documented from the references provided. | |||
==Staff== | |||
The CFEP operated with support from senior government officials but didn't have a fixed staff complement documented publicly. | |||
==Funding== | |||
The CFEP was funded through the executive branch's budget, managed as part of the broader governmental financial operations. | |||
==Services provided== | |||
The CFEP provided services like policy coordination, economic analysis, and recommendations on international economic matters. It was instrumental in preparing comprehensive policy documents and ensuring inter-agency consensus on economic strategies<ref>{{cite web |url=https://en.wikipedia.org/wiki/Council_on_Foreign_Economic_Policy |title=Council on Foreign Economic Policy - Wikipedia |access-date=January 27, 2025}}</ref>. | |||
==Regulations overseen== | |||
As a policy coordination body, CFEP did not directly oversee regulations but influenced policy that could lead to regulatory actions by other government agencies. | |||
==Headquarters address== | |||
Since CFEP was an advisory body within the executive branch, no specific headquarters address is documented. | |||
==History== | |||
The Council on Foreign Economic Policy was formed in December 1954 under President Eisenhower to address the complexities of post-war economic internationalism. It functioned until the end of Eisenhower's administration, playing a key role in crafting U.S. economic policy towards Europe and other regions. Its activities included coordinating policies on trade, investment, and foreign aid, with significant work done under the leadership of Joseph M. Dodge and later Clarence B. Randall<ref>{{cite web |url=https://en.wikipedia.org/wiki/Council_on_Foreign_Economic_Policy |title=Council on Foreign Economic Policy - Wikipedia |access-date=January 27, 2025}}</ref>. | |||
== History == | == History == | ||
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During the last two months of the Eisenhower administration, the amount of work of the CFEP decreased as the government prepared for the transition to the Kennedy administration. The last CFEP meeting was held on December 20, 1960. | During the last two months of the Eisenhower administration, the amount of work of the CFEP decreased as the government prepared for the transition to the Kennedy administration. The last CFEP meeting was held on December 20, 1960. | ||
==External links== | |||
* [[wikipedia:Council on Foreign Economic Policy]] | |||
* [https://history.state.gov/historicaldocuments/frus1955-57v10/p293 Historic Documents - Office of the Historian] | |||
==References== | |||
<references /> | |||
==References== | ==References== | ||