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The Supreme Court has ruled to overturn the so-called 'Chevron Deference' dealing a huge blow to the so-called 'administrative state'.

In an 6-3 decision along ideological lines, the Supreme Court’s conservative majority upended the 40-year administrative law precedent that gave agencies across the federal government leeway to interpret ambiguous laws through rulemaking.

Conservatives and Republican policymakers have long been critical of the doctrine, saying it has contributed to the dramatic growth of government and gives unelected regulators far too much power to make policy by going beyond what Congress intended when it approved various laws. The authority of regulatory agencies has been increasingly questioned by the Supreme Court in recent years...

To read more visit Zero Hedge.

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