The Chevron Doctrine and its Significance

The podcast discusses the Chevron Doctrine, a landmark legal doctrine that affects agency power over various areas such as workplace conditions, drug safety, climate change, and cryptocurrency. The Chevron Doctrine requires judges to defer to agencies when they offer a reasonable interpretation of an ambiguous statute. The challenge against the doctrine puts regulations in multiple areas at risk and raises concerns about the billions of dollars potentially at stake. The debate centers around the proper balance between judicial respect and the authority of administrative agencies, with conservative justices expressing opposition to Chevron and emphasizing the skepticism of agencies' power. On the other hand, liberal justices argue that Chevron helps courts stay away from policy-making and recognizes agencies' expertise.