Final answer:
The appointment of three licensed commissioners is made by the President of the United States and confirmed by the U.S. Senate.
Step-by-step explanation:
The appointment of three licensed commissioners is made by the President of the United States and confirmed by the U.S. Senate.
According to the United States Constitution, the President has the power to nominate and appoint various government officials, including commissioners. The appointment process involves the President selecting the commissioners and then seeking the Senate's advice and consent.
For example, in the case of the Federal Reserve Board, which is a regulatory commission, the President nominates the commissioners and the Senate must approve the appointments through a majority vote.