Early Statesman synthesis distilling legal jargon into practical meaning, statutory anchors, and structural constitutional impacts.
This executive order, signed by President Ronald Reagan on 1981-03-02, establishes federal administrative policy concerning "President's Economic Policy Advisory Board." It outlines operative directives for executive department officers, delegating enforcement responsibilities and establishing official governance guidelines.
Constitutional Assessment: This action represents an orderly exercise of Article II administrative discretion, managing the internal machinery and personnel of the executive branch without abridging the ancient liberties of the people.
Key Directives & Operative Actions
▪By the authority vested in me as President by the Constitution of the United States of America, and in order to establish, in accordance with the provisions of the Federal Advisory Committee Act, as amended (5 U.S.C.
▪The Board shall be composed of members from private life who shall be appointed by the President.
▪The Assistant to the President for Policy Development shall serve as the Secretary to the Board.
▪Information supplied to the Board shall, to the extent permitted by law, be kept confidential.
Constitutional & Societal Entities Impacted
🏛️ Merchants, Importers & Commercial Enterprises
🏛️ Sovereign State Governments & Localities
🏛️ Executive Departments & Federal Civil Servants
🏛️ Financial Institutions & Monetary Authorities
Total Words
427
2,680 characters
Estimated Read Time
2 min
@ 200 words / min
Flesch-Kincaid
14
Post-Grad reading level
Constitutional Polarity
+0.44
Framers' Alignment index
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Scholarly & Legal Citations
Exec. Order No. 12296, Ronald Reagan (Mar 2, 1981). Available at https://executiveordersarchive.org/orders/app-executive-order-12296-presidents-economic-policy-advisory-board.
Official Document Text
Source: The American Presidency Project (UCSB Archive)
By the authority vested in me as President by the Constitution of the United States of America, and in order to establish, in accordance with the provisions of the Federal Advisory Committee Act, as amended (5 U.S.C. App. I), an advisory committee on the domestic and international economic policy of the United States, it is hereby ordered as follows: Section 1. Establishment. (a) There is established the President's Economic Policy Advisory Board. The Board shall be composed of members from private life who shall be appointed by the President. (b) The President shall designate a Chairman from among the members of the Board. The Assistant to the President for Policy Development shall serve as the Secretary to the Board. Sec. 2. Functions. (a) The Board shall advise the President with respect to the objectives and conduct of the overall domestic and international economic policy of the United States. (b) The Board shall work with the Cabinet Council on Economic Affairs (composed of the Secretaries of the Treasury, State, Commerce, Labor, and Transportation, and the United States Trade Representative, and the Chairman of the Council of Economic Advisers, and the Director of the Office of Management and Budget). (c) In the performance of its advisory duties the Board shall conduct a continuing review and assessment of economic policy, and shall report thereon to the President whenever requested. Sec. 3. Administration. (a) The heads of Executive agencies shall, to the extent permitted by law, provide the Board such information with respect to economic policy matters as it may require for the purpose of carrying out its functions. Information supplied to the Board shall, to the extent permitted by law, be kept confidential. (b) Members of the Board shall serve without any compensation for their work on the Board. However, they shall be entitled to travel expenses, including per diem in lieu of subsistence, as authorized by law for persons serving intermittently in the government service (5 U.S.C. 5701-5707). (c) Any expenses of the Board shall be paid from funds available for the Expenses of the Domestic Policy Staff. Sec. 4. General. (a) Notwithstanding any other Executive order, the responsibilities of the President under the Federal Advisory Committee Act, as amended, shall be performed by the President, except that, the Administrator of General Services shall, on a reimbursable basis, provide such administrative services as may be required. (b) The Board shall terminate on December 31, 1982, unless sooner extended. RONALD REAGAN The White House, March 2, 1981. [Filed with the Office of the Federal Register, 11:33 a.m., March 3, 1981]