Government: The Headless Branch

Though they are not provided for in the Constitution, they make important policy, execute it and sit as judges. There is hardly anyone in the U.S. who is not in some way affected by one or another of their acts. They fix the price of milk and electric power, decide where airlines can fly and pipelines snake, police the stock market and determine the content of a tube of lip stick. They are the nation's 30 federal regulatory agencies — and their great powers over American life and business have become increasingly controversial....

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