Independence of Federal Financial Regulators. Henry B. Hogue, Specialist in American National Government; Marc Labonte, Specialist in Macroeconomic Policy; Baird Webel, Specialist in Financial Economics. February 12, 2014

“This report discusses institutional features that make federal financial regulators (as well as other independent agencies) relatively independent from the President and Congress. These characteristics are diverse, their relationship to independence sometimes subtle, and they are not always applied uniformly—certain regulators that have been given relatively more independence in one area have been given relatively less independence in other areas.”