What are Political Action Committees (PACs) primarily regulated by?

Political Action Committees (PACs) are primarily regulated by the Federal Election Commission (FEC). The FEC is an independent regulatory agency created by Congress to oversee the financing of federal elections. It is responsible for enforcing campaign finance laws, which includes monitoring the contributions and expenditures of PACs.

PACs play a significant role in the electoral process by raising and distributing funds to influence elections and policy-making. Because of their financial power in political campaigns, it's essential for their activities to be regulated to ensure transparency and fair practice in the political finance system.

Other organizations, such as the Internal Revenue Service, focus on taxation, not specifically on campaign finance regulation. The Federal Bureau of Investigation is concerned with law enforcement, while the Election Assistance Commission helps with voting systems and procedures but does not directly regulate PAC finances. Thus, the FEC stands as the primary body overseeing the activities of PACs to maintain the integrity of the electoral process.