AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min snip
Chevron Deference: 40-Year Decision Reversed & Explained | Justin Slaughter
Bankless
Shift of Power Dynamics in Government Systems
The increased power of administrative agencies over the past decades is diminishing, with power shifting towards courts and Congress. Courts can now independently review and strike down rules without deferring to agencies, leading to a more significant role in regulatory matters. This shift forces Congress to be more proactive in passing legislation rather than relying on agencies. While some view this as a positive check on governmental misuse, others criticize it due to existing gridlocks. A bipartisan approach in rule-making may reduce the risk of rules being struck down. Despite the changes, agencies still hold regulatory authority, albeit in a more constrained manner. Congress is not likely to transform into a swift legislature but may accelerate its processes over time in response to pressing issues. Change is inevitable, as seen in the shifting focus of policymakers to address topical matters like crypto, showing that despite potential gridlocks, response to current events prompts legislative action.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode