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Slate Money
SCOTUS Cracks the Sackler Shield
Jun 29, 2024
Exploring Supreme Court rulings stripping regulatory power and striking down Purdue Pharma's bankruptcy plan. Megacap companies dominate the stock market. Plus segment on potato renaissance. AI impact on stocks, Gen Z financial attitudes, luxury car value, and TV habits in America.
51:05
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- Supreme Court rulings limit executive power, shifting control to judiciary.
- Tech mega caps dominate stock market, reshaping market dynamics.
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Implications of Supreme Court Rulings on Executive Power and Regulations
The recent Supreme Court rulings challenging the expansive power of the executive branch, particularly in cases like SEC administrative courts and the Chevron Doctrine, highlight a significant shift towards limiting executive authority. These decisions reflect a conservative stance of reining in the executive's power and shifting control to the judicial branch, raising concerns about the judiciary's increased influence. The dissenting opinion underscored fears of a power grab and the potential long-term consequences of weakening executive authority.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode