Connect with us

Hi, what are you looking for?

Webinar Expert TeamWebinar Expert Team

Tech News

Supreme Court ruling kneecaps federal regulators

Photo illustration of the seal of the Supreme Court building with gavels behind.
Cath Virginia / The Verge | Photos via Getty Images

On Friday, the Supreme Court overturned a long-standing legal doctrine in the US, making a transformative ruling that could hamper federal agencies’ ability to regulate all kinds of industry. Six Republican-appointed justices voted to overturn the doctrine, called Chevron deference, a decision that could affect everything from pollution limits to consumer protections in the US.

Chevron deference allows courts to defer to federal agencies when there are disputes over how to interpret ambiguous language in legislation passed by Congress. That’s supposed to lead to more informed decisions by leaning on expertise within those agencies. By overturning the Chevron doctrine, the conservative-dominated SCOTUS decided that judges ought to make…

Continue reading…

You May Also Like

Editor's Pick

In this StockCharts TV video, Mary Ellen recaps last week’s market activity and the factors influencing market movements. She highlights two names, PANW and ADSK,...

Tech News

Image: David Pierce / The Verge Hi, friends! Welcome to Installer No. 42, your guide to the best and Verge-iest stuff in the world....

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued...

Tech News

Image: NASA Voyager 1, the farthest human-made craft from the Earth, is finally sending back data from all four of its scientific instruments, NASA...