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

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.'"

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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.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »