What is necessary for someone to be considered an independent regulator?

To be considered an independent regulator, it is essential that the entity is free from presidential control. This independence ensures that the regulatory body can make decisions based on its mandate and expertise without political pressure or influence from the executive branch. Independent regulators often operate with a degree of autonomy, allowing them to enforce regulations and oversee industries fairly and impartially. This independence is fundamental to maintaining the integrity and objectivity of the regulatory process, as it helps prevent conflicts of interest and promotes accountability in regulatory practices.

In the context of regulatory functions, while some bodies may work in cooperation with executive agencies or report to legislative bodies, these factors do not alone establish independence. The critical factor distinguishing independent regulators is their insulation from direct control by elected officials, especially the president. This structure is designed to provide checks and balances within the governmental system, enhancing public trust in regulatory enforcement and decision-making.