The United States Congress Joint Economic Committee (JEC) was established in 1946 as part of the Employment Act. The committee's main responsibility is to assess economic conditions and suggest potential improvements in economic policy. The JEC is comprised of members from both the Senate and the House, with the chairmanship alternating between the two bodies every Congress. As a government entity, the JEC operates within the public sector and does not seek external investment. Instead, its focus is on providing macroeconomic analysis and making policy recommendations. While not a traditional startup, the JEC plays a vital role in shaping economic policy and influencing legislative decisions.
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