The Council on Foreign Relations (CFR), founded in 1921, is a United States nonprofit, 4900 member organization, publisher, and think tank specializing in U.S. foreign policy and international affairs, headquartered in New York City, with an additional office in Washington, D.C.. Its membership has included senior politicians, more than a dozen secretaries of state, CIA directors, bankers, lawyers, professors, and senior media figures. The CFR promotes globalization, free trade, reducing financial regulations on transnational corporations, and economic consolidation into regional blocs such as NAFTA or the European Union, and develops policy recommendations that reflect these goals.