Supreme Court Overturns Chevron Ruling In Major Setback To Agency Power
Portfolio Pulse from Benzinga Newsdesk
The Supreme Court has overturned the Chevron ruling, significantly reducing the power of federal agencies. This decision is seen as a major setback to agency authority and could have wide-ranging implications for regulatory practices.
June 28, 2024 | 2:24 pm
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Chevron (CVX) may experience increased regulatory uncertainty following the Supreme Court's decision to overturn the Chevron ruling, which reduces the power of federal agencies.
The Supreme Court's decision to overturn the Chevron ruling reduces the power of federal agencies, which could lead to increased regulatory uncertainty for Chevron. This may impact the company's operations and compliance requirements.
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