Who conducts hearings to investigate the performance of federal agencies?

Congressional committees are responsible for conducting hearings to investigate the performance of federal agencies. These committees have the authority to oversee the executive branch's actions, ensuring that laws are implemented correctly and that agencies are held accountable for their performance.

Through hearings, committees can gather testimony, review documents, and question agency officials about their operations and effectiveness. This process is essential in maintaining checks and balances within the government, as it allows Congress to monitor actions taken by federal agencies and address any issues or concerns that may arise.

Other entities, such as state legislatures or the President's Cabinet, do not have the same oversight authority over federal agencies. The Federal Reserve Board, while influential in monetary policy, is not involved in the oversight and investigation of federal agencies’ performance. Thus, the role of congressional committees in this context is vital for ensuring transparency and accountability within the federal bureaucracy.