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What are Federal Agencies?
Agencies are entities which are created by the federal government to fulfill an obligation or role that is deemed to be in the best interest of the country.
Agencies might also also be known as Commissions, and they can be formed by legislative action, or through the direction of a specific Department or Branch of the government. Some federal agencies are known as Commissions, Task Forces, or Administrations, but all are generally tasked with a specific responsibility or focus.
Different government entities can “birth” an agency or commission, and they can also be quickly dissolved, although many of them continue to exist indefinitely. Agencies tend to be more long-term, while Commissions may only be meant to exist for a short time to perform one task.
Agencies can have large bureaucratic structures and large budgets. They are sometimes part of the government and sometimes they are only created by the government before they become an independent entity. Their function could range from regulating the mortgage industry to protecting national security.
There are somewhere around 130 government agencies as of 2016.
What is the Federal Housing Administration (FHA)?
What is the FCC?
What are Industry-Specific Mutual Funds?
Industry-specific funds attempt to capture the movements of a single industry. Industry-specific mutual funds will...
If I Want to Establish a SEP IRA, Do I Have to Establish One for All Employees of My Business?
All employees that meet minimum eligibility criteria must be included in a SEP IRA arrangement
What is the Rising Flag (Bullish) Pattern?
The Rising Flag or Bullish Flag pattern looks like a flag. It forms when rising prices experience a consolidation period
Can Blockchains Reduce Fraud and Failed Payments?
Blockchains can validate, clear, and document transfers of value much faster and more securely than traditional methods
What is the Descending Triangle (Bullish) Pattern?
The Descending Triangle pattern is formed when a currency pair price establishes a support level and bounces off that level
What is the Falling Pennant (Bearish) Pattern?
The Falling Pennant (or Bearish Pennant) pattern looks like a pennant turned upside down (the mast points up)
What is a Letter of Credit?
A letter of credit is a provided by a bank on behalf of the buyer, to ensure the seller that payments will be made
What are 'Liar Loans'?
Liar loans are a term that refers to loans or mortgages that were granted with little or no request for documentation
Should I Trust an Article Such as “Five Awesome Value Stocks?”
Articles that list “great value” buys should be food for thought, but may not put food on your table