The twenty-eight private-sector members of the Council are appointed by the President. They serve, "at the pleasure of the President," with no set term of office. Five United States Senators and five members of the House of Representatives are appointed to the Council by the President of the Senate and the Speaker of the House, respectively. The Secretaries of Commerce, Labor, Agriculture, Treasury, State, and Homeland Security; the Chairman of the Export-Import Bank of the United States; the U.S. Trade Representative; and the Administrator of the Small Business Administration are also members of the Council.