JOURNAL ARTICLE

Supreme Court Overturns Chevron Rule in Blow to Agency Power.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Stohr, Greg 3 of 3

Abstract

The US Supreme Court has overturned the Chevron rule, a legal doctrine that allowed federal regulators to interpret unclear laws. The 6-3 decision, which arose from a fishing-industry regulation dispute, is seen as a victory for opponents of big government. The ruling raises questions about the power of agencies in emerging fields such as cryptocurrency and artificial intelligence, and places more responsibility on Congress to address policy issues. The court majority argued that the Chevron decision improperly transferred the power to interpret the law from the judiciary to federal agencies. The ruling was divided along ideological lines, with the three liberal justices dissenting. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/06, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2024
  • Accession Number:178146402
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