The Federal Bureaucracy: Independent Agencies What is an Independent Agency? The term Independent agency can be misleading It DOES NOT necessarily mean that the agency functions independent of presidential or congressional oversight The term Independent simply means that it is independent from
the executive (or cabinet) departments There are three types of independent agencies: Independent Executive Agencies Government Corporations
Independent Regulatory Commissions Why do we have Independent agencies? There are many reasons why why the Independent agencies are independent but most of them are independent for one of these three reasons. 1. Congress wanted to make sure that these agencies stayed safeguarded from political pressures the president could wield over them if they were part of his Cabinet.
2. The agencies purpose was so different from that of the Executive Departments, it simply did not make sense to put it into a Cabinet department. The Federal Election Committee is a prime example The General Services Administration is one such agency 3. The agencies duties are too sensitive or top-secret to be a part of a cabinet
The regulatory commissions as well as the CIA would fall into this category Common Independent executive agencies The National Aeronautics and Space Administration (NASA) Central Intelligence Agency (CIA) Environmental Protection Agency (EPA)
Federal Trade Commission (FTC) Peace Corps Independent executive agencies function exactly the same as Cabinet departments Government Corporations
A government owned for-profit corporation within the executive branch, set up by congress, to carry out business-like activities There about 50 Federal government corporations, including the United States Postal Service (USPS) and AMTRAK Government Corporations often provide services that are absolutely necessary like mail courier service, transportation, or electricity production Independent Regulatory
Commissions Independent agencies created by Congress to regulate important American industries. Unlike most other independent executive agencies, the Independent Regulatory Commissions are mostly independent from Presidential authority. There are a total of 11 IRCs
IRCs are quasi-legislative and quasi-judicial Meaning they make the rules (quasi-legislative), enforce the rules (executive), and determine if the rules have been broken and what the punishment should be (quasi-executive) Nuclear Regulatory Commission Licenses and regulates the use of nuclear energy to protect public health, safety, and environment. Sets the rules and standards for nuclear reactors.
Federal Reserve Central Bank of the United States Regulates nations money supply, influences availability of credit, and supervises banking supply Successor to the Bank of the United States (You know that thing that Alexander Hamilton fought so hard to get, Thomas Jefferson hated, and Andrew Jackson ultimately destroyed)
Often called The FED Although technically part a government entity, the Federal Reserve has almost no federal oversight Janet Yellen
A contra account offsets some other account HST Recoverable offsets HST Payable Since HST Payable is a liability, HST Recoverable is a contra-liability Contras have opposite normal balances; therefore HST Recoverable has a normal Debit balance Whenever someone buys something...
UN Study: First time I've heard this terminology: conditional and unconditional gender gaps. The unconditional gender gap refers to the gap between men and women without taking into account the size of the plots farmed. Conditional gender gaps refer to...
If you can deposit money into an account that pays an APR of 5.5% based on daily compounding, how much would you need to deposit? 1095 N (3*365) .015068493 I/Y (5.5/365) 0 PMT 15,000 FV CPT PV = -12,718.56 =PV(0.00015,1095,0,15000)...
polyprotic. acid, meaning it has multiple protons to donate when dissociating with water. a. Write Bronsted-Lowry reactions for the . 3 successive removals or protons. from this acid. a. Which species in the reactions are amphoteric? b. What is the...
Providers must code the correct HCPCS codes when submitting claims to Medicaid. If Medicare or third-party payors require a different code, it must be replaced with H0049 or H0050 before submitting to Medicaid. Mark is presenting. Gwen may provide input...
13)R. J. Le Roy, "LEVEL 8.2: A computer program for solving the radial Schrödinger equation for bound and quasibound levels," University of Waterloo Chemical Physics Research Report (University of Waterloo, 2007).(University of Waterloo, 2007).
El Futuro: El Plan Estratégico de la JID Consolidar y proyectar el rol de la JID cómo un entidad de la OEA… Summary: Tapping the full potential of the IADB as an entity of the OAS The OAS should consider...
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