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Presidential Documents
Executive Order 13501 of February 6, 2009 Establishment of the President's Economic
Recovery Advisory Board
By the authority vested in me as President by the
Constitution and the laws of the United States of
America, and in order to enhance the strength and
competitiveness of the Nation's economy and the
prosperity of the American people by ensuring the
availability of independent, nonpartisan information,
analysis, and advice to the President as he formulates
and implements his plans for economic recovery, it is
hereby ordered as follows:
Section 1.
There is hereby established within the
Department of the Treasury the President's Economic
Recovery Advisory Board (PERAB). The PERAB shall
consist of not more than 17 members, who shall be
appointed by the President from among distinguished
citizens from outside the Government who are qualified
on the basis of achievement, experience, independence,
and integrity. The overall membership of the PERAB
shall reflect a diverse set of perspectives from across
the country and from various sectors of the economy. The President shall designate a Chair from among the
members. The Chair shall appoint a Staff Director, who
shall supervise the staff of the PERAB.
Sec. 2. The functions of the PERAB are advisory only.
The PERAB shall meet regularly and shall:
(a) solicit information and ideas from across the
country and from all sectors of our economy about the
functioning of the economy, the condition of the
financial and banking system, and the prosperity of the
American people and of American industry that can serve
to inform the decisionmaking of the President, and,
with respect to matters deemed appropriate by the
President, provide information and recommendations to
any other agency with responsibilities related to the
economy or financial markets or to the National
Economic Council;
(b) report directly to the President on the design,
implementation, and evaluation of policies to promote
the growth of the American economy, establish a stable
and sound financial and banking system, create jobs,
and improve the long-term prosperity of the American
people; and
(c) provide analysis and information with respect
to the operation, regulation, and healthy functioning
of the economy and of the financial and banking system.
As deemed appropriate by the President, this analysis
and information shall be provided to the Chairman of
the Board of Governors of the Federal Reserve System,
to any other agency with responsibilities related to
the economy or financial markets, or to the National
Economic Council.
the rest:
http://regulations.justia.com/view/134257/
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