Bankless Chevron Deference: 40-Year Decision Reversed & Explained | Justin Slaughter
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Jul 3, 2024 
In this engaging discussion, Justin Slaughter, Policy Director at Paradigm and former SEC and CFTC advisor, dives into the implications of the Chevron Deference case for the cryptocurrency world. He explores the potential benefits and drawbacks of the Supreme Court's decision, addressing fears of unchecked corporate power versus the need for clear regulatory frameworks. Slaughter also contrasts perspectives from both sides of the political spectrum, offering insights into how this shift in governance might affect the future of crypto regulation and the balance of power in Washington.
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Slaughter's Bitcoin Encounter
- Justin Slaughter worked for Congressman Ed Markey, overseeing gas and oil futures.
- This is where he first encountered Bitcoin.
Administrative State Controversy
- The administrative state's power has become increasingly controversial, leading to the Supreme Court's Chevron deference case.
- This case significantly impacts rulemaking for all federal agencies.
New Deal and Administrative State Growth
- The US administrative state grew significantly during the New Deal era to manage the complexities of a modern economy.
- This growth created a need for defined processes and guidelines.