These are entities such as the FCC(Federal Communications Commission) and FAA(Federal Avaition Administration). They are formed and accorded power by Congress to regulate a specific industry. Within the authority granted them by Congress, they have the power to form and enforce their own regulations.AnswerIndependent regulatory boards and commissions essentially are boards and commission with ties to the government, that are separate from policy makers aka politics in order to achieve unbiased information and effective results.
Independent Regulatory CommissionsRegulatory Commissions have a special place in the federal bureaucracy. They are independent of the three branches of government. The President appoints the members with Senate approval. Unlike other bureaucrats, these agencies do not report to the executive branch and the President cannot fire them. Members of the commissions serve for a fixed term. The independent regulatory commissions were created to make rules for large businesses that effect the interest of the public. Not only do they regulate the conduct of these industries but they have the power to determine who will receive licenses to operate. They also have the power to investigate these businesses they regulate. Examples of Independent Regulatory Commissions are the Federal Communications Commission and the Federal Reserve Board. MrV
A regulatory commission is different from independent agencies because a regulatory commission takes into consideration the practices of an industry, like natural gas companies, and makes recommendations whether or not it is legal and feasible to raise rates in the industry. Independent agencies only look at one agency, not an industry.
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