Federal Agencies
Candlefocus EditorAgencies are born out of legislative action, delegated to the executive branch. The President of the United States appoints agency heads with the consent of the Senate. The scope and purpose of each agency varies, but many offer support to subordinate governmental offices or issue debt.
A few of the most well-known federal agencies are the Department of the Treasury, the Department of Defense, the Federal Bureau of Investigation, the Securities and Exchange Commission, the Environmental Protection Agency, and the Social Security Administration.
The Department of the Treasury is responsible for managing the US national debt and formulating public finance policy. It also oversees regulation of the financial industry, taxation, and the minting of coins and bills.
The Department of Defense is the largest federal agency and is responsible for the military defense of the United States. It supplies personnel, carries out research and development programs, and produces and purchases military equipment.
The Federal Bureau of Investigation is responsible for law enforcement in the United States and frequently works with federal and state agencies to protect citizens. It can also lead international investigations and work to disrupt criminal organizations.
The Securities and Exchange Commission is a powerful federal agency with its own staff of lawyers. SEC investigates and enforces the laws regulating the securities industry, including corporations issuing stocks and bonds, exchanges, and broker-dealers.
The Environmental Protection Agency is responsible for monitoring compliance with environmental regulations to ensure that air and water pollution don't reach levels that could threaten human health. It also funds research, provides education, and is a resource for people to report environmental concerns.
The Social Security Administration manages the Social Security program, which funds monthly benefits for retired citizens and other individuals. It also manages the national disability insurance system and regulates personal pension plans.
Federal agencies are essential for the efficient running of the United States government. They are formed to regulate certain industries and perform specific responsibilities such as managing resources or providing security. The President of the United States appoints the heads of these agencies, and they are responsible to the elected executive branch.