The Supreme Court vs the Regulatory State
Eye on the Market, July 9, 2024
Recent Supreme Court rulings may now usher in the largest pushback on the regulatory state since the Reagan Administration.? A look at the end of Chevron deference, a revised statute of limitations for challenging government regulations, the Major Questions Doctrine curtailing agency power, the right to a jury trial and a District Court preliminary injunction against Biden’s LNG export moratorium.
Michael Cembalest, JP Morgan Asset Management
Advisor to Companies Driving the Energy Transition
4 个月Thanks for sharing Michael Cembalest! As someone who has served in Government and as an Investment Banking JPMorganChase alum, my biggest concern is that the Supreme Court of the U.S. has ushered in a period of great uncertainty by overturning settled law. Uncertainty is not always good for business! Time will tell. #energytransition
Individual stock / options investor and trader
4 个月Content like this is why I am here and totally abandoned the ignorance and children on Twitter. Great stuff, and it is my hope that conservationist in states like Wyoming, Montana, Utah, etc who love their rivers, streams and hills will not vote on party but more on policy.
Fractional CFO | Business Value Growth for SMBs
4 个月Another outstanding commentary. Must reading.
Co-Head, Global Strategic Indices @ JPMorgan Chase
4 个月Michael Cembalest Good overview and balanced assessment of the implications. The investment decision making process will unfortunately suffer from increased uncertainty going forward…