The Council of Economic Advisers (CEA) is a group of economists who advise the President of the United States on economic policy. Established in 1946, the CEA's main role is to analyze economic trends and provide recommendations to promote a healthy economy. They help the President understand the potential impacts of various policies and decisions. The CEA also prepares the annual Economic Report of the President, which outlines the current economic situation and forecasts future trends. By working closely with other government agencies, the CEA plays a crucial role in shaping policies that affect the overall well-being of the American people and the economy.