Which commission is responsible for regulating television and radio broadcasting?

The Federal Communications Commission (FCC) is the authoritative body tasked with regulating television and radio broadcasting in the United States. Established in 1934, the FCC oversees and manages the nation's communications infrastructure, which encompasses all forms of communication—traditional TV and radio as well as emerging technologies like broadband and wireless services.

One of the key functions of the FCC is to allocate and assign broadcast frequencies, ensuring that there is minimal interference between different broadcasting entities. It also enforces rules related to content, licensing, and public safety, thereby maintaining the integrity and accessibility of communication channels for the public. This regulatory body makes critical decisions affecting broadcast media, including policy changes that pertain to media ownership rules, program content standards, and emergency communication protocols.

The other entities listed have distinct responsibilities that do not pertain to broadcasting regulation. For instance, the Federal Trade Commission deals with consumer protection and trade practices, the Federal Aviation Administration focuses on civil aviation operations and safety, and the Federal Reserve System manages the nation's monetary policy and financial institutions. Therefore, the FCC is distinctly positioned as the appropriate agency for overseeing television and radio broadcasting, making it the correct answer.