The End of the Chevron Doctrine Is Bad for Business

In two recent cases, the U.S. Supreme Court radically curbed the authority of federal regulatory agencies, shifting power to the courts. This change will limit — or at least slow — the enforcement of new rules across industries. Many in the business world have cheered the decisions, which U.S. Chamber of Commerce President and CEO Suzanne P. Clark said “will help create a more predictable and stable regulatory environment,” with less regulation generating more investment.