The U.S. President's Commission on Foreign Economic Policy (the Randall Commission) was established on August 7, 1953 by Public Law 215 entitled "Trade Agreements Extension Act of 1953" which extended the Trade Agreements Extension Act of 1951 for one year. On April 7, 1953 President Dwight D. Eisenhower requested that Congress extend for one year the Reciprocal Trade Agreements Act, a measure which had originally been passed in 1934. Under this act and its subsequent extensions, the President was authorized to negotiate agreements with other countries for tariff reduction. In his message of April 7, the President called for a commission to study U.S. foreign economic policy in general. Section 301 of this Act provided for a bipartisan commission which consisted of seventeen members: seven