The National Economic Council (NEC) is part of the Executive Office of the President of the United States, established in 1993 to coordinate economic policy-making and advise the president on domestic and international economic matters. It works closely with cabinet departments and agencies to ensure consistency in policy implementation, covering areas such as fiscal policy, trade, labor, and financial regulation. The NEC plays a key role in shaping the administration’s economic agenda and responding to national and global economic challenges.