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The Federal Housing Finance Agency (FHFA) regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks. The Federal Maritime Commission (FMC) regulates the international ocean transportation of the United States. It is charged with ensuring a competitive and efficient ocean transportation system.
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division.
[1] [2] While the Administrative Procedure Act definition of "agency" applies to most executive branch agencies, Congress may define an agency however it chooses in enabling legislation, and through subsequent litigation often involving the Freedom of Information Act and the Government in the Sunshine Act. These further cloud attempts to ...
United States Federal Administrative Law encompasses statutes, rules, judicial precedents, and executive orders, that together form administrative laws that define the extent of powers and responsibilities held by administrative agencies of the United States government, including executive departments and independent agencies.
Heart of Atlanta Motel v. United States, 379 U.S. 241 (1964), ruled that Congress could regulate a business that served mostly interstate travelers. Daniel v. Paul, 395 U.S. 298 (1969), ruled that the federal government could regulate a recreational facility because three of the four items sold at its snack bar were purchased from outside the ...
American administrative law often involves the regulatory activities of so-called "independent agencies", such as the Federal Trade Commission, whose headquarters is shown above. In the United States, many government agencies are organized under the executive branch of government, although a few are part of the judicial or legislative branches.
Central to the concept of an iron triangle is the assumption that bureaucratic agencies, as political entities, seek to create and consolidate their own power base. [ 6 ] In this view, the power of an agency (such as State-owned enterprises of the United States , Independent agencies of the United States government or Regulatory agency ) is ...
In this case, regulatory agencies have powers to: require the provision of particular outputs and/or service levels; and; set price controls or a rate-of-return for the regulated company. The functions of regulatory agencies in prolong "collaborative governance" provide for generally non-adversarial regulation. [6]