Who has the power to regulate commerce?

The power to regulate commerce is vested in Congress, as outlined in the Commerce Clause of the United States Constitution. This clause gives Congress the authority to regulate trade and commerce with foreign nations, among the states, and with Native American tribes. The importance of this power lies in its ability to foster a unified economic market across the states, prevent trade wars among them, and enhance the economic welfare of the nation as a whole.

While the President can influence commerce through various means, such as trade agreements and executive orders, the ultimate legislative authority rests with Congress. The Senate and Supreme Court play significant roles in governance, yet they do not have direct regulatory authority over commerce as Congress does. The Senate participates in legislation related to commerce, and the Supreme Court can interpret commerce laws but does not have the power to regulate them. Thus, Congress remains the sole entity with the authority to enact laws governing commerce.