Chevron Doctrine overturned: Republicans, big business praise Supreme Court decision

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Supreme Court ruling overturned the case known as Chevron v. Natural Resources Defense Council, reducing the authority of federal regulatory agencies.

Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court's overturning of Chevron v. Natural Resources Defense Council.

"After forty years of Chevron deference, the Supreme Court made it clear today that our system of government leaves no room for an unelected bureaucracy to co-opt this authority for itself," McConnell said."The days of federal agencies filling in the legislative blanks are rightly over." Holmstead said that in the four decades in which the Chevron Doctrine was in effect, agencies sometimes started"with a regulatory program in mind and then try to come up with a plausible" interpretation of existing law to justify it,"hoping the courts will find it 'permissible.'"

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chevron Doctrine overturned: Republicans, big business praise Supreme Court decisionThe Supreme Court ruling overturned the case known as Chevron v. Natural Resources Defense Council, reducing the authority of federal regulatory agencies.
Source: CNBC - 🏆 12. / 72 Read more »