State-owned enterprises of the United States
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United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
federal government chartered and owned corporations are a separate set of corporations chartered and owned by the federal government, which operate to provide public services, but unlike the federal agencies (e.g., the Environmental Protection Agency, the Bureau of Indian Affairs, etc.), or the federal independent commissions (e.g., the
Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdicti ...
, the
Nuclear Regulatory Commission The Nuclear Regulatory Commission (NRC) is an independent agency of the United States government tasked with protecting public health and safety related to nuclear energy. Established by the Energy Reorganization Act of 1974, the NRC began opera ...
, etc.), they have a separate legal personality from the federal government, providing the highest level of political independence. They sometimes receive federal budgetary appropriations, but some also have independent sources of revenue.


Federal-government-acquired corporations

The ''federal-government-acquired corporations'' are a separate set of corporations that were originally chartered and created by an entity other than the U.S. federal government, but that were, at some point, nationalised by the federal government. Most of these are corporations temporarily in possession of the government as a result of a seizure of property of a debtor to the government, such as a delinquent taxpayer; usually, these are awaiting liquidation at auction, and most are too small to note. However, there are also corporations that the federal government has nationalised to ensure the continued provision of an essential service or services (such as the federal government's nationalisation of the Alaska Northern Railroad in 1914 and
Tanana Valley Railroad The Tanana Valley Railroad (TVRR) was a narrow gauge railroad that operated in the Tanana Valley of Alaska from 1905 to about 1917. A portion of the railroad later became part of the Alaska Railroad. History The TVRR was incorporated as the T ...
in 1917, now both part of the Alaska Railroad, which remained federally-owned until being sold to the state of Alaska in 1985, and, on a larger scale, the nationalisation of all U.S. railroads from 1917 to 1920 under the United States Railroad Administration), as well as nationalization of the northeastern freight railroads under
Conrail Conrail , formally the Consolidated Rail Corporation, was the primary Class I railroad in the Northeastern United States between 1976 and 1999. The trade name Conrail is a portmanteau based on the company's legal name. It continues to do bus ...
(1976).


List of partially or wholly federally owned enterprises

*
Commodity Credit Corporation The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806) ...
(CCC) *
Corporation for National and Community Service AmeriCorps (officially the Corporation for National and Community Service or CNCS) is an independent agency of the United States government that engages more than five million Americans in service through a variety of stipended volunteer work prog ...
(AmeriCorps) * Corporation for Public Broadcasting * Export-Import Bank of the United States * Federal Agricultural Mortgage Corporation * Farm Credit Banks * Federal Crop Insurance Corporation (FCIC) *
Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures cr ...
(FDIC) * Federal Financing Bank (FFB) *
Federal Home Loan Banks The Federal Home Loan Banks (FHLBanks, or FHLBank System) are 11 U.S. government-sponsored banks that provide liquidity to the members of financial institutions to support housing finance and community investment. Overview The FHLBank System wa ...
* Federal Home Loan Mortgage Corporation (Freddie Mac) * Federal National Mortgage Association ( Fannie Mae) * Federal Prison Industries (UNICOR) * The Financing Corporation * Gallaudet University * Government National Mortgage Association (Ginnie Mae) * Legal Services Corporation * Millennium Challenge Corporation (MCC) * National Cooperative Bank * National Corporation for Housing Partnerships (NCHP); Washington, D.C. * National Credit Union Administration Central Liquidity Facility (CLF) * National Endowment for Democracy * National Fish and Wildlife Foundation (NFWF) *
National Park Foundation The National Park Foundation (NPF) is the official charity of the National Park Service (NPS) and its national park sites. The NPF was chartered by Congress in 1967 with a charge to "further the conservation of natural, scenic, historic, scienti ...
* National Railroad Passenger Corporation (
Amtrak The National Railroad Passenger Corporation, doing business as Amtrak () , is the national passenger railroad company of the United States. It operates inter-city rail service in 46 of the 48 contiguous U.S. States and nine cities in Canada. ...
) * Neighborhood Reinvestment Corporation * Overseas Private Investment Corporation * Pennsylvania Avenue Development Corporation; Washington, D.C. * Pension Benefit Guaranty Corporation * St. Lawrence Seaway Development Corporation *
Securities Investor Protection Corporation The Securities Investor Protection Corporation (SIPC ) is a federally mandated, non-profit, member-funded, United States corporation created under the Securities Investor Protection Act (SIPA) of 1970 that mandates membership of most US-register ...
* Tennessee Valley Authority (TVA) *
United States Postal Service The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the ...
*
YRC Worldwide Yellow Corporation is an American transportation holding company headquartered in Overland Park, Kansas. Its subsidiaries include national less than truckload (LTL) carrier YRC Freight, regional LTL carriers New Penn, Holland and Reddaway and f ...


Other types in the United States


States and local governments

There exists a second level of
sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ...
government in the United States which coexists with the federal government: the individual states of the United States. The vast majority of non-governmental corporations in the United States are chartered by the states of the United States. This includes most charitable corporations, non-profit corporations, and for-profit corporations. States also have the power to charter corporations that they own, control, or are responsible for the regulation and finance of. These include
municipal corporation A municipal corporation is the legal term for a local governing body, including (but not necessarily limited to) cities, counties, towns, townships, charter townships, villages, and boroughs. The term can also be used to describe municipally ...
s and state chartered and owned corporations. State government-chartered and -owned corporations are numerous and provide public services. Examples include
North Dakota Mill and Elevator The North Dakota Mill and Elevator is the largest flour mill in the United States. It is located in the city of Grand Forks, North Dakota. Established by the state government when it was led by Nonpartisan League representatives, it is the only ...
and South Dakota Public Broadcasting. Generally speaking, a
statute A statute is a formal written enactment of a legislative authority that governs the legal entities of a city, state, or country by way of consent. Typically, statutes command or prohibit something, or declare policy. Statutes are rules made by ...
passed by a
state legislature A state legislature is a legislative branch or body of a political subdivision in a federal system. Two federations literally use the term "state legislature": * The legislative branches of each of the fifty state governments of the United Sta ...
specifically sets up a government-owned company in order to undertake a specific public purpose with public funds or public property. Lotteries in the United States are also run by government corporations, such as the Georgia Lottery Corporation and many others.


Tribal and indigenous governments

There also exists a third level of
sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ...
government in the United States: the sovereignty of the Native American tribal governments. As such, the Native American (including Alaska Native) tribal governments have the power to charter corporations and undertake public undertakings that might benefit their citizens, Native Americans are therefore not only citizens of their particular tribes, but also citizens of their respective U.S. states, and of the United States. For example, a tribal council could establish a public service broadcaster along the lines of Ireland's Raidió Teilifís Éireann, partially-fund it with a
television license A television licence or broadcast receiving licence is a payment required in many countries for the reception of television broadcasts, or the possession of a television set where some broadcasts are funded in full or in part by the licence f ...
on tribal land, and make up the difference through advertising, thereby making it both a means of uniting the tribe and giving it a voice and a commercial venture by the tribe. The Alaska Natives are particularly advanced in using their tribal sovereignty to incorporate corporations that are owned by and for the benefit of their tribal citizens and often compete in highly competitive economic sectors through the Alaska Native Regional Corporations. The Native American tribes in the 48 contiguous states often use their sovereignty and their ability to charter to compete using regulatory easements; for instance, Native American tribal corporations often trade in goods that are highly taxed in surrounding states (such as
tobacco Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...
), or engage in activities that surrounding states have (for reasons of public policy) forbidden, such as the operation of
casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live enterta ...
s or other gaming establishments. Most of these endeavors have proven very successful for Native American tribal sovereigns and their tribal corporations, bringing wealth into the hands of Native Americans.


References


Further reading

*  This may be a different document than the one cited above. {{State-owned enterprises by country, North America
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...