Rule-making authorities are powers held by federal agencies allowing them to establish regulations and standards for specific industries or areas under their jurisdiction.
Related terms
Code of Federal Regulations (CFR): A compilation of all final regulations issued by federal agencies organized by subject matter.
Notice-and-comment Rulemaking: The process through which an agency proposes new rules and allows public input before making a final decision.
Regulatory Capture: When regulatory agencies become influenced or controlled by the very industry they are supposed to regulate.