Which organization was established in 1914 by an act of Congress with presidentially appointed members?

The Federal Trade Commission (FTC) was indeed established in 1914 by an act of Congress and is governed by a commission whose members are appointed by the President of the United States. This organization was created with the purpose of promoting consumer protection and eliminating harmful anti-competitive business practices, thus playing a vital role in maintaining a fair marketplace. Its establishment marked a significant step in regulating commerce and protecting consumers during an era of rapid economic change and industrialization in the United States.

The FTC's responsibilities include enforcing antitrust laws and preventing unfair or deceptive business practices, which aligns with its foundational goals set out when it was established. The presidential appointment of its members ensures that the commission operates with oversight and serves the interests of the public.

In contrast, while the other organizations listed are also important federal entities, they were established under different contexts and legislative frameworks. The FBI, for example, was formed earlier in 1908 and is primarily a federal investigative agency rather than a commission focused on trade practices. The Environmental Protection Agency (EPA) came into existence much later, in 1970, and is dedicated to environmental protection rather than trade regulation. The Consumer Product Safety Commission (CPSC) was established in 1972 with a focus on product safety