Trending: Supreme Court Discards 1984 Precedent in Chevron Case
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Dow Jones
1441 ET -- Chevron is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. A Supreme Court decision Friday discarded a 1984 precedent from the case Chevron v. Natural Resources Defense Council, related to interpretations of laws. It expands the power of federal judges to overturn regulatory-agency decisions. In the 6-3 majority opinion in Loper Bright Enterprises v. Raimondo, Chief Justice John Roberts wrote "Agencies have no special competence in resolving statutory ambiguities." Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
June 28, 2024 14:56 ET (18:56 GMT)
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