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US Gov and Politics

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Federal Deposit Insurance Commission (FDIC)

independent federal agency, established in 1933 in the aftermath of numerous bank failures after the Great Depression. The FDIC helps preserve public confidence in American banks and other financial institutions. It accomplishes this by providing insurance for bank and thrift deposits up to a legal limit of $100,000. In addition, the FDIC periodically examines banks chartered by the states which are not members of the Federal Reserve system, to make sure that they are sound and that they follow consumer protection laws.

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Federal Communications Commission (FCC)

independent agency in the federal executive branch. The FCC regulates interstate and foreign communications; including radio, television, wire, satellite and cable. It helps develop and operate broadcast services, and works to ensure efficient, low-cost service for national and international telephone and telegraphs. In addition, the commission is responsible for using communications to promote the safety of life and property, and strengthening the nation's defense.

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Federal Bureau of Investigation (FBI)

established in 1908, and part of the Department of Justice. The FBI investigates most cases in which people are accused of violating federal criminal laws. After investigating these cases, the FBI pursues and arrest people suspected or charged with a federal crime. One of the most famous directors of the FBI was J. Edgar Hoover, who headed the Bureau from 1924 to 1972. Although he made many positive contributions to the FBI and to the nation, he also engaged in unethical behavior, such as wiretapping and maintaining files on individuals he did not like.

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Equal Employment Opportunity Commission (EEOC)

independent federal agency in the executive branch. Created in 1964, this agency works to eliminate employment discrimination based on race, color, religion, gender, disability, age or other criteria unrelated to job performance. It investigates complaints of discrimination; files lawsuits in cases of discrimination and is responsible for enforcing equal opportunity laws in federal departments, offices and agencies.

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