'Bring Back California Postsecondary Education Commission, or something like it but better'

Another op ed request for a new CPEC, or better. Did it really have 'oversight' powers? Or, was it more like a library?
see:
Close to Home: Who's guarding the higher education house?

Since soon after the creation of the California Master Plan for Higher Education in 1960, we did have such an agency, known most recently as the California Postsecondary Education Commission. However, with the 2011 budget, Gov. Jerry Brown defunded CPEC, saving $2 million. Ironically, this was a good decision — and not because of the paltry sum involved. Over the past couple of decades, this commission had become ineffective largely, most observers believe, because the three public higher education systems wielded excessive influence within it.

However, eliminating an ineffective agency does not eliminate the need for an effective one.