Both are true.

There is a federal law: Title 47 U.S.C. § 315 which establishes the
equal‑time requirement.

The FCC Is empowered to interpret relevant federal law and write rules or
regulations.

The current FCC regulation — 47 C.F.R. § 73.1941 — contains four exemptions
to the Equal Status law:

1. bona fide newscasts
2. bona fide news interviews
3. bona fide news documentaries (incidental appearances)
4. on‑the‑spot coverage of bona fide news events

Late‑night shows have historically been treated as falling under the “bona
fide news interview” exemption, this is what Colbert referred to.

The FCC has recently issued guidance to broadcasters that they should no
longer assume late‑night or daytime talk shows qualify for the bona fide
news interview exemption, and that stations must be prepared to justify the
exemption on a case‑by‑case basis. This increases the likelihood (always a
possibility) that appearances by candidates on entertainment talk shows may
trigger equal‑time obligations.

The FCC has not issued a new formal rule, but has put stations on notice
that the bar for justifying an exception to the Equal Time rule has been
raised, which increases compliance risk. And of course it’s Brandon Carr
who will ultimately decide whether or not any particular instance is
justified.

In the past, the FCC has tended to be liberal with exceptions for late
night shows in part, particularly to avoid the appearance of the federal
government favoring one type of candidate over another. The current federal
government is not constrained by those kinds of concerns.



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On Wed, 18 Feb 2026 at 10:08 AM 'David Bruggeman' via TVorNotTV <
[email protected]> wrote:

> Equal Time is covered under Title 47, U.S. Code Section 315 (referred to
> as 'equal opportunities' in the text).
>
> https://www.law.cornell.edu/uscode/text/47/315
>
> There could be FCC regulations/rules associated with this, but I haven't
> had time this morning to review the Code of Federal Regulations.  The use
> of rule in common discussions on this subject may be colloquial rather that
> strictly regulatory.
>
> David
>
> On Wednesday, February 18, 2026 at 09:53:30 AM PST, M-D November <
> [email protected]> wrote:
>
>
> Question, because this was a point of contention on CNN's
> ShoutyTable...er, NewsNight last night - is Equal Time a *law*, or just
> an FCC rule?  One of the conservative panelists (who looked like he came
> out of central casting for a mid-90s Scorsese gangster film) kept insisting
> that it's a *law*, but is it?
>
> On Wednesday, February 18, 2026 at 1:06:52 AM UTC-5 Kevin M. wrote:
>
> The law and the precedent are both on the side of broadcasting the
> interview. The only reason not to is because Federal law has been hobbled.
>
> https://www.bbc.com/news/articles/cze0dk3yd5eo
>
>
> Kevin M. (RPCV)
>
>
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