Regulatory Agencies Independence Act

[AI summary unavailable — showing source text] Regulatory Agencies Independence Act - Authorizes each of the following agencies to transmit its estimates and requests for regular, supplemental, and deficiency appropriations directly to the Senate and House of Representatives: the Civil Aeronautics Board, the Federal Communications Commission, the Federal Maritime Commission, the Federal Power Commission, the Federal Trade Commission, and the Securities and Exchange Commission. Provides that any communication to Congress respecting legislation, made by any of these regulatory agencies, shall not be submitted to, or subject to change by, the Office of Management and Budget or any other authority. States that such regulatory agencies shall not require clearance or approval by the Office of Management and Budget to collect information. Authorizes each regulatory agency, in any civil action, to act in its own name and through its own attorneys, who shall have the power to supervise or conduct litigation in which the agency is a party. Requires Senate confirmation of Presidential appointments of agency chairmen and vice chairmen. Gives the officer having administrative control over an independent regulatory agency's appropriations th…