Independent Regulatory Commissions Independent regulatory commissions are essentially boards and agencies with ties to the government, but entirely separate from the policy making process in order to achieve unbiased information and effective results. They are formed and given power by Congress to regulate a specific industry. Within specific authority granted by Congress, these regulatory commissions have the power to form and enforce their own regulations upon industry. Agencies like the FCC (Federal Communications commission) were created to help regulate the private sector. In 1934 Congress passed the Communications Act, which abolished the Federal Radio Commission and transferred jurisdiction over radio licensing to a new Federal
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These regulatory commissions are an important part in overseeing our government’s actions.
Government Corporation The Federal Government owned corporations are a separate set of corporations funded and owned by the Federal Government, which operate to provide public services. But unlike the federal agencies, they have a separate legal personality from the Federal Government, providing the highest level of political independence. They sometimes receive Federal budgetary appropriations, but some also have other independent sources of revenue. An example of this is the United States postal Service. The United States Postal Service (USPS) is an agency of the United States government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the