On Thursday morning, the Supreme Court handed down a case that poses an existential threat to federal regulatory agencies’ ability to do their work in an efficient and effective fashion. I mean, Congress built up much of the modern administrative state on the basis of the Supreme Court’s promise that it could do this kind of thing. The Supreme Court …
WASHINGTON — Conservative Supreme Court justices on Wednesday seemed open to a challenge to how the Securities and Exchange Commission fights fraud, in a case that could have far-reaching effects on other regulatory agencies. But Chief Justice John Roberts, signaling his concerns with the power of federal regulators, noted that “the impact of governmental agencies on daily life today is …
