These entities are government bodies established by Congress to enforce regulations within specific sectors of the economy. They operate with a degree of autonomy from the executive branch, designed to limit political influence over their decisions. Examples include the Federal Communications Commission (FCC), which regulates interstate and international communications, and the Securities and Exchange Commission (SEC), which oversees the securities markets. This separation is intended to ensure impartial and expert oversight.
The value of these commissions lies in their ability to develop specialized knowledge and apply it consistently, free from the immediate pressures of partisan politics. Historically, they arose from the need to address market failures and protect the public interest in areas where private enterprise alone proved insufficient. This independence is crucial for fostering fair competition, protecting consumers, and maintaining the stability of vital economic sectors.