Which of the following was the first federal regulatory agency specifically directed toward overseeing potentially harmful corporate activity?

Question

Quizplus · Accepted Answer

The Interstate Commerce Commission (ICC) was established in 1887 and was the first federal regulatory agency specifically directed toward overseeing potentially harmful corporate activity. Its focus was on promoting fair competition and regulating railroad rates and practices. The Environmental Protection Agency (EPA) was established in 1970 to address environmental issues, the Security and Exchange Commission (SEC) in 1934 to regulate the stock market and protect investors, and the Occupational Safety and Hazards Agency (OSHA) in 1971 to ensure safe and healthy working conditions.

Which of the Following Was the First Federal Regulatory Agency