"Exercises power" is often used to describe an individual or entity that wields or utilizes authority or control. There are various terms that can be used as synonyms for this phrase such as "exerts influence," "holds sway," "commands authority," "dominates," "regulates," "manipulates," "directs," "governs," or "rules." These words convey a sense of someone or something that has the ability to affect change or make decisions. Whether it is in politics, business, or personal relationships, the phrase "exercises power" and its synonyms are important to understand as they describe how an individual or organization can wield their influence over others.