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The Fair Political Practices Commission ( FPPC) of California is a five-member independent nonpartisan commission that has primary responsibility for the impartial and effective administration of the Political Reform Act of 1974. The Commission's objectives are to ensure that public officials act in a fair and unbiased manner in the ...
The Federal Open Market Committee ( FOMC) is a committee within the Federal Reserve System (the Fed) that is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities ). [ 1] This Federal Reserve committee makes key decisions about interest rates ...
527 organization. A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code ( 26 U.S.C. § 527 ). A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
Allegations of an illegal $1,100 payment to an El Monte City Council member for breast augmentation surgery were 'disproven,' according to the FPPC.
The Federal Open Market Committee action known as Operation Twist (named for the twist dance craze of the time [1]) began in 1961. The intent was to flatten the yield curve in order to promote capital inflows and strengthen the dollar. The Fed utilized open market operations to shorten the maturity of public debt in the open market.
Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The most recent major federal law affecting campaign finance was the Bipartisan Campaign Reform Act (BCRA) of 2002, also known as " McCain - Feingold ". Key provisions of the law prohibited unregulated contributions (commonly ...
The Federal Open Market Committee (FOMC) created under 12 U.S.C. § 263 comprises the seven members of the board of governors and five representatives selected from the regional Federal Reserve Banks. The FOMC is charged under law with overseeing open market operations, the principal tool of national monetary policy. These operations affect the ...
The Fair Employment Practice Committee ( FEPC) was created in 1941 in the United States to implement Executive Order 8802 by President Franklin D. Roosevelt "banning discriminatory employment practices by Federal agencies and all unions and companies engaged in war-related work." [1] That was shortly before the United States entered World War II.