Executive Privilege is the exemption of the executive arm of government or its respective offices from giving evidence to the Congress or the court. Specifically, in the US, it is the right of the president to retain information from the courts or Congress.
Executive Order is a lawfully binding directive issued by the president of the United States as the head of the executive branch, to the federal agencies to help them in congressional law and policies execution.
Judicial Restraint is the approach of judicial interpretation which makes them less willing to strike down the executive, judicial or legislative actions unless utterly necessary to resolve a constitutional violation. It emphasizes on the limited power of the court of law.
Appellate Court is a court of law which is vested the power to hear the appeal of a verdict made by trial or lower tribunal court.
Congressional Mandate is an order that induces responsibility, action or procedure that is imposed by the executive, constitution, judicial and administrative activity for the private, local government or state.
Filibuster is a tactic used by few of senators at times a single senator to delay parliamentary action by taking too much time while talking to make the majority to resolve to bill withdrawal or grant concessions.
Types of committees in the House of Representatives, there are three types of committees including; Standing, Select and Joint committees. Standing committees are permanent panels recognized by the rules of the chamber (Przeworski, Adam, Susan, Stoke & Bernard, eds., 193). Select committees are committees formed by the chamber resolution to carry studies, investigations and at times to consider measures. Joint committees are committees made up of
The types of committees in the Senate include joint committee in printing, foreign relations committee, Finance Committee, Joint committee on taxation and appropriations committee.
Impeachment is formal process through which the legislative body levels charges on the wrong done by the government official.
Rule of Four is a practice carried out in Supreme Court of the United States which permits four out of the nine justices to issue a certiorari writ.
Federal Deposit Insurance Corporation (FDIC)
Mission
FDIC is an independent agency established by the Congress to maintain public confidence and stability in the nation’s financial system by:
Managing receiverships, Insuring deposits, Examining and supervising financial institutions for consumer protection, soundness and safety and making financial institutions resolvable.
The company administers insurance of deposits in banks and manages and supervises financial institutions for the protection of consumers.
The annual budget of Federal Deposit Insurance Corporation approved by its board of directors is 2.043 billion dollar.
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