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The Supreme Court Friday issued a ruling that will limit federal agencies’ sweeping regulatory power. Libertarians and conservatives have hailed the decision as increasing individual liberty and reducing the power of bureaucrats over Americans’ lives.
In a 6-3 decision, the justices vacated a 1984 doctrine known as “Chevron deference,” which allows federal agencies broad latitude in interpreting laws when Congress hasn’t provided specific guidelines. Under the doctrine, if Congress has granted an agency the general authority to make rules with the force of law, courts generally defer to the agency’s implementation of that general authority.
David Blackmon, energy analyst and author of “Energy Absurdities,” called the high court’s decision a “Earth-shaking ruling.”
“It’s going to be much, much harder for federal agencies to invoke major, incredibly complex regulations that are clearly outside the original intent and scope of the governing statute,” Blackmon told Just the News. […]
— Read More: justthenews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
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