Democrats push US Senate bill to reverse Supreme Court ruling curbing agency power
By Nate Raymond
July 23 (Reuters) -Democratic U.S. senators on Tuesday introduced a bill designed to undo a ruling last month by the U.S. Supreme Court that curtailed the ability of federal agencies to issue regulations addressing issues including the environment, consumer protection and workers' rights.
Senator Elizabeth Warren of Massachusetts said she and 10 fellow Democrats are sponsoring a bill that would codify into law a 40-year-old legal doctrine that the U.S. Supreme Court scrapped that had required courts to defer to federal agencies' interpretations of the laws they administer when those statutes are ambiguous.
The Stop Corporate Capture Act would restore the doctrine, known as "Chevron deference," and make a series of other changes that Democrats say would modernize and streamline the rulemaking process.
Warren in a statement said the bill would "make sure corporate interest groups can’t substitute their preferences for the judgment of Congress and the expert agencies."
The bill has slim chances of passing in an election year in the Senate, which Democrats only narrowly control. A similar bill backed by Representative Pramila Jayapal, Democrat of Washington, is pending in the U.S. House of Representatives.
That chamber is led by Republicans, who welcomed the June 28 decision by the Supreme Court's 6-3 conservative majority overruling the doctrine the court established in a 1984 ruling called Chevron v. Natural Resources Defense Council.
Chief Justice John Roberts wrote that instead of deferring to agencies' interpretations of ambiguous statutes, courts "must exercise their independent judgment in deciding whether an agency has acted within its statutory authority."
The Supreme Court's decision was one of a number in its last term that weakened the power of administrative agencies, a longtime goal of Republicans.
In the weeks since the decision, at least six lower-court judges appointed by Republican presidents have cited the Supreme Court's holding in a series of rulings blocking rules adopted during Democratic President Joe Biden's administration designed to protect workers' and LGBTQ rights.
"There were a fair number of cases in which judges were sitting on decisions until the fate of Chevron was determined," said Michael Drysdale, a lawyer at the law firm Dorsey & Whitney who specializes in environmental and administrative law. "So now there is a burst of activity."
The first of those decisions hit within just hours of the Supreme Court's decision, when a federal judge in Sherman, Texas, blocked a U.S. Department of Labor rule from being enforced against the state that would extend mandatory overtime pay to new classes of workers.
That decision was followed by rulings by judges in Florida, Kansas, Mississippi, and Texas blocking new Biden administration rules designed to protect LGBTQ people from discrimination in healthcare and education and a Federal Trade Commission rule banning non-compete agreements.
Most recently, the New Orleans-based 5th U.S. Circuit Court of Appeals on Thursday directed a Texas judge to reconsider an earlier ruling that relied on Chevron deference to uphold a Biden era rule from the U.S. Labor Department that allows socially conscious investing by employee retirement plans.
Reporting by Nate Raymond in Boston, Editing by Alexia Garamfalvi and Andrea Ricci
Ultime news
Disclaimer: le entità di XM Group forniscono servizi di sola esecuzione e accesso al nostro servizio di trading online, che permette all'individuo di visualizzare e/o utilizzare i contenuti disponibili sul sito o attraverso di esso; non ha il proposito di modificare o espandere le proprie funzioni, né le modifica o espande. L'accesso e l'utilizzo sono sempre soggetti a: (i) Termini e condizioni; (ii) Avvertenza sui rischi e (iii) Disclaimer completo. Tali contenuti sono perciò forniti a scopo puramente informativo. Nello specifico, ti preghiamo di considerare che i contenuti del nostro servizio di trading online non rappresentano un sollecito né un'offerta ad operare sui mercati finanziari. Il trading su qualsiasi mercato finanziario comporta un notevole livello di rischio per il tuo capitale.
Tutto il materiale pubblicato sul nostro servizio di trading online è unicamente a scopo educativo e informativo, e non contiene (e non dovrebbe essere considerato come contenente) consigli e raccomandazioni di carattere finanziario, di trading o fiscale, né informazioni riguardanti i nostri prezzi di trading, offerte o solleciti riguardanti transazioni che possano coinvolgere strumenti finanziari, oppure promozioni finanziarie da te non richieste.
Tutti i contenuti di terze parti, oltre ai contenuti offerti da XM, siano essi opinioni, news, ricerca, analisi, prezzi, altre informazioni o link a siti di terzi presenti su questo sito, sono forniti "così com'è", e vanno considerati come commenti generali sui mercati; per questo motivo, non possono essere visti come consigli di investimento. Dato che tutti i contenuti sono intesi come ricerche di investimento, devi considerare e accettare che non sono stati preparati né creati seguendo i requisiti normativi pensati per promuovere l'indipendenza delle ricerche di investimento; per questo motivo, questi contenuti devono essere considerati come comunicazioni di marketing in base alle leggi e normative vigenti. Assicurati di avere letto e compreso pienamente la nostra Notifica sulla ricerca di investimento non indipendente e la nostra Informativa sul rischio riguardante le informazioni sopra citate; tali documenti sono consultabili qui.
