Final answer:
The USDA does have regulatory authority over peanut butter, ensuring quality and safety standards for the product.
Step-by-step explanation:
The statement that the USDA has regulatory authority over peanut butter is True. The United States Department of Agriculture (USDA) sets standards for many agricultural products, including peanut butter, to ensure quality and safety for consumers.
The USDA defines the requirements for products to be labeled as peanut butter, including the percentage of peanuts required and the maximum amount of certain additives allowed. The USDA enforces quality standards and safety regulations for peanut butter production and ensures that it meets the necessary requirements.