Independent Regulatory Commission in the United States

Independent Regulatory Commission in the International Business Landscape

Definition of Independent Regulatory Commission in the context of U.S. international business and public trade policy: An autonomous unit of the U.S. government that deals with a specific industry or field of activity, often combining quasi legislative, judicial, and administrative functions.

Concept of Independent Regulatory Commission

In the U.S., in the context of Presidency and Executive Power, Independent Regulatory Commission has the following meaning: A multi-member policy making and regulatory body of the government that is independent from the President and Congress in that its members serve staggered, fixed-length terms, so that the President cannot appoint a majority of its members at the same time. The rationale for independent regulatory commissions and agencies is to insulate regulation of economic activity from the political needs of elected officials. (Source of this definition of Independent Regulatory Commission : University of Texas)

Independent Regulatory Commission

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See Also

• Presidency
• Executive Power