Reported 9 months ago
The Supreme Court made a significant decision to limit federal agencies' power in interpreting laws, which could benefit businesses by reducing regulatory intervention in various industries. The ruling has implications on agencies like the EPA, FDA, and NLRB, strengthening the position of businesses. This decision follows another ruling that stripped the SEC of its ability to impose fines for civil violations. The cases involved commercial fishing companies challenging the National Marine Fisheries Service's requirement to pay for onboard monitors, emphasizing the need for clarity in regulatory responsibilities.
Source: YAHOO