The power of the presidency

Something I didn't know: once federal regulations are in place, a president can't simply void them. That requires an act of Congress. There's normally a 60 day period before new regulations become effective.

What this means is that any regulations President Bush approves by November 20th will be effective by January 20th, and an incoming President Obama wouldn't be able to simply rescind Bush's actions.

Looks like Congress may have that power, however, based on a rarely used 1996 law.