FIGURE 10-1 Principal Federal Regulatory Agencies and Commissions Chapter 10 . Regulation: Law Federal Reserve System (1913) Federal Trade Commission (1914) Permnational Trade Commission (1916) (formerly the Tariff Commission)-considered in Chapter 19 Federal Energy Regulate Food and Drug Ad Regulatory Commission (1930) (formerly the Federal Power Commission) 9 Administration (1931) [HHS] Securities and Exchange Commission (1934) Federal Communications Commission (1934) National Labor Relations Board (1935) Federal Aviation Administration (1948) [DOT] Federal Maritime Commission [1961] Equal Employment Opportunity Commission (1965) Environmental Protection Agency (1970)-considered in Chapter 12 National Highway Traffic Safety Administration (1970) [DOT] Consumer Product Safety Commission (1972) Occupational Safety and Health Administration (1973) [DOL] Nuclear Regulatory Commission (1975) (formerly the Atomic Energy Commission) Consumer Financial Protection Bureau (2011) Source: Congressional Quarterly, Federal Regulatory Directory, 7th ed., Washington DC, 1994. Note: The cabinet departments in which agencies are located are shown in brackets. same political party. Most commissions make decisions through majority-rule voting and for rule-making procedures Agencies typically have a single administrator appointed by the president or a cabinet Telary. Most executive branch regulatory agencies are located in a cabinet department, as case of the Federal Aviation Administration, National Highway Traffic Safety Administr INHTSA), Occupational Health and Safety Administration, and Food and Drug Administ "DA). The Environmental Protection Agency is an independent executive branch agen pused in a cabinet department.4 The Consumer Financial Protection Bureau is funded Board of Governors of the Federal Reserve System. Most states also have regulatory commissions and agencies. Considerable economic government. Most star such as local telephone and electricity service is regulated by the states and not the ry agencies to deal with environmental, occup aw delegates the impleme for de