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Commission

A group of individuals officially entrusted with a specific task, often to govern an organization or agency, making decisions collectively rather than by a single director.

Independent Agency

A government agency that operates outside of a Cabinet department and whose heads are typically protected from political interference, often by serving fixed terms or requiring cause for removal.

Quorum

The minimum number of members of a group or committee who must be present to make the proceedings valid.

Staggered Terms

A system where the terms of office for members of a body do not all end at the same time, ensuring continuity and preventing a complete turnover of membership at once.

Federal Reserve System

The central banking system of the United States, responsible for managing the nation's monetary policy, supervising and regulating banks, and maintaining financial stability.

Malfeasance in Office

Wrongdoing or misconduct by a public official while performing their official duties.

Executive Schedule

A system of five pay levels for the highest-ranking non-political positions in the U.S. federal government, setting salary ranges for top executives.