Independent regulatory commission

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An independent regulatory commission is an independent regulatory agency in the United States Government. These agencies are established to be outside the power of both the executive and legislative branches of the government.

United States was the first country in the world to establish such an agency. The first independent regulatory commission, the Interstate Commerce Commission, was established by Congress in 1887. Today many countries have formed independent regulatory agencies.

In the United States these commissions are in place to improve and regulate sectors of the private economy. They should operate independently and without bias. Third parties with technical and other relevant expertise should act as advisors to the commissions. In theory, appointments should be avoided because the appointment of persons by the President would remove the impartial status of the independent regulatory commissions.

This article incorporates text from the Encyclopædia Britannica Eleventh Edition, a publication now in the public domain.