2min snip

All-In with Chamath, Jason, Sacks & Friedberg cover image

Hot Swap growing, donors revolt, President Kamala? SCOTUS breakdown: Immunity, Chevron, Censorship

All-In with Chamath, Jason, Sacks & Friedberg

NOTE

Bureaucratic Morass and the Incentive for Regulatory Growth

Federal agencies, operating under the Chevron Doctrine, have been granted wide authority to create rules and regulations, often expanding beyond the original legislative intent. This has led to bureaucratic complexities and justifies continual growth by these agencies to increase their resources and significance. The inherent incentive for agencies to expand their influence and size by creating more regulations has resulted in a cycle of demanding additional budgets and hiring more personnel. However, recent rulings limiting agency authorities may help curb the excessive bureaucratic overhead and administration induced by unrestricted regulatory growth.

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