Authority
Authority for the Council is found in the Competitiveness Policy Council Act, 15 U.S.C. §4801 et seq. This Act was part of the larger Omnibus Trade and Competitiveness Act of 1988. The authorization of appropriations for the Council expired in Fiscal year 1992, but otherwise the statutory underpinnings for the Council remain intact, and the Council could be revived by a future President with a pro-competitive agenda.
Read more about this topic: Competitiveness Policy Council
Famous quotes containing the word authority:
“Contact with men who wield power and authority still leaves an intangible sense of repulsion. It’s very like being in close proximity to faecal matter, the faecal embodiment of something unmentionable, and you wonder what it is made of and when it acquired its historically sacred character.”
—Jean Baudrillard (b. 1929)
“America has always been a country of amateurs where the professional, that is to say, the man who claims authority as a member of an élite which knows the law in some field or other, is an object of distrust and resentment.”
—W.H. (Wystan Hugh)
“When the nature of the thing is incomprehensible, I can acquiesce in the Scripture: but when the signification of words is incomprehensible, I cannot acquiesce in the authority of a Schoolman.”
—Thomas Hobbes (1579–1688)