The petition shall be filed with the appropriate promulgating authority, which shall give the petition its full consideration. Within 60 days after submission of a petition, the promulgating authority shall either deny the petition in writing, stating the reasons for its denial, or initiate appropriate promulgating procedures in accordance with its decision. If a new regulation is adopted, or if an existing regulation is amended or repealed by a promulgating authority other than the Secretary, in response to the filing of a petition, it shall be submitted to the Secretary for review and approval.