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The main difference between a typical regulatory agency like the State Department and an independent one like the Federal Reserve is that the president has unlimited ability to dismiss the leaders of a typical regulatory agency greater power to create and abolish typical regulatory agencies limited ability to dismiss the leaders of an independent agency greater power to create and abolish independent agencies
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@Destinymasha
A regulatory agency is a public authority or government agency responsible for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.
The Federal Reserve System is the central banking system of the United States.
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