I found a job posting from 2020. I didn't know much about this agency so I looked them up. Turns out I didn't know much about them because this was established in 2018.

One of the interesting bits about the job posting is that, not too surprisingly, there are no salaries:

> All members will serve at their own expense and receive no salary or other compensation from the Federal Government, with the exception that members may be reimbursed for travel and per diem in accordance with Federal Travel Regulations.

Which, to me, can read two ways: altruistic people trying to make the industry better

OR

You won't even be selected to this committee unless you're already wealthy enough to foot the bill yourself and shape policy in a way that advantages ones self.

I don't know which way to read it, but if it wasn't costing anything, cutting it "for cost savings" can't be completely true. Maybe there were other overhead costs, but even saying that those costs are $1M/yr is a rounding error for the national budget.

https://www.federalregister.gov/documents/2020/10/13/2020-22...