FPC
American-
Federal Power Commission: a board of five members established chiefly to regulate the natural gas and electric power industries engaged in interstate commerce: replaced by the Federal Energy Regulatory Commission.
Example Sentences
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The external members will be recognized experts in fields relevant to the FPC’s work, the central bank said Tuesday.
“The creation of the FPC will strengthen financial policymaking at the RBNZ, with greater focus and expertise brought to bear to make sure that the New Zealand financial system remains strong and stable,” said Rodger Finaly, the board’s deputy chair.
The decision to create the FPC followed engagement with the Treasury and the minister of finance on ways to apply greater expertise and experience to financial policy decisions, he added.
The move to create the FPC is in line with recommendations from the finance and expenditure committee’s recent inquiry into banking competition.
Like other federal prison camps, inmates at FPC Bryant are housed in dormitories, with a low staff-to-inmate ratio compared to other, more secure federal prisons.
From BBC
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