The most accurate comparison between formal rulemaking and the legislative process undertaken by Congress is:
It is similar to how Congress creates new laws because it involves holding hearings to create a public record of the rulemaking process.
Both processes allow for public participation and input, enabling stakeholders to voice their opinions and concerns, thus fostering transparency and accountability. While formal rulemaking does not require a vote from agency members as Congress does, the hearing process resembles the committee hearings in Congress where various perspectives are considered before final decisions are made.