The Supreme Court's 'Chevron' ruling is an existential threat to the 'American economic miracle' and will make the U.S. more like Europe, Lazard chair says
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The Supreme Court's decision to overturn the Chevron ruling will harm innovation and threaten U.S. economic vitality; Lazard's Kenneth Jacobs argues that it is anti-business and will lead to the Balkanization of the U.S. economy; Abandoning the Chevron doctrine will result in a patchwork of state-by-state rules, hindering innovation and economic development; Some industry groups argue that regulator over-reach has made doing business burdensome and unpredictable; Financial regulators are likely to be among the hardest hit by the Supreme Court's decision.
#SupremeCourt #ChevronRuling #UsEconomy #Lazard #KennethJacobs #Regulation #Innovation #EconomicDevelopment #StatebystateRules #FinancialRegulators
https://fortune.com/2024/07/20/supreme-court-chevron-ruling-existential-threat-american-economic-miracle-innovation-state-rulemaking/
Fortune /
npub1v7…9v0r4
2024-07-20 20:39:34
Author Public Key
npub1v7hvaa8pv7g92sr6na55dtzaxmrrsgddxkhst3e8atw4nxusm37sg9v0r4Published at
2024-07-20 20:39:34Event JSON
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"content": "The Supreme Court's 'Chevron' ruling is an existential threat to the 'American economic miracle' and will make the U.S. more like Europe, Lazard chair says\n==========\n\nThe Supreme Court's decision to overturn the Chevron ruling will harm innovation and threaten U.S. economic vitality; Lazard's Kenneth Jacobs argues that it is anti-business and will lead to the Balkanization of the U.S. economy; Abandoning the Chevron doctrine will result in a patchwork of state-by-state rules, hindering innovation and economic development; Some industry groups argue that regulator over-reach has made doing business burdensome and unpredictable; Financial regulators are likely to be among the hardest hit by the Supreme Court's decision.\n\n#SupremeCourt #ChevronRuling #UsEconomy #Lazard #KennethJacobs #Regulation #Innovation #EconomicDevelopment #StatebystateRules #FinancialRegulators\n\nhttps://fortune.com/2024/07/20/supreme-court-chevron-ruling-existential-threat-american-economic-miracle-innovation-state-rulemaking/",
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