Uncertainty in the Chevron Doctrine Void

Рет қаралды 40,492

5 күн бұрын

The Supreme Court's decision to overturn the Chevron doctrine has followed decisions eroding the administrative state. Kenneth Jacobs, Lazard Executive Chairman tells us why the decision could cause uncertainty, making it unfriendly to business.
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Пікірлер: 185

@John-Brown 3 күн бұрын

This is some hardcore gaslighting!

@georgerady9706 2 күн бұрын

You mean UN-elected government alphabet agencies shouldn’t be able to by-pass congress to make-up “laws”, by-pass the executive branch with its own police force to enforce those ‘laws’ and pre-empt the Judiciary in their own kangaroo ‘court’ syndicates to bankrupt individuals and businesses BEFORE they even can get to a legitimate State or Federal court… is a “good thing” 🧐 Oh, yeah, these Agencies get to collect these; fines, fees, penalties and pre-emptive judgements and dole it out amongst its members like spoils from a pillage like a den of thieves! Where in the “constituted powers” of a Federal government did they grant themselves ALL powers of ALL branches to become a Totalitarian 4th branch of “giverment” accountable to no one but their own rapacious greed!

@jmr5707 2 күн бұрын

Weapons grade

@Free_Range_Hippo 2 күн бұрын

“The risk in Chevron is that my high-wealth friends and I can’t so easily get bang for our buck in capturing regulatory agencies.” - What he should be saying

@danamania150 2 күн бұрын

Legislative-writes laws. Executive-enforces laws. Judicial-interprets laws. These three branches should operate separately and with equal power. That’s how “checks and balances” works in this country.

@Stitch-Squad2216 2 күн бұрын

@@danamania150 Executive should be “Obides by Laws”

@LeTrashPanda Күн бұрын

Nah, they now have a "Brexit" style decision that just hit them in the face. FU Wall Street, enjoy your wannabe oligarch karma. 🤭🖕

@catgolfer1 3 күн бұрын

Guys like this determine regulation without legislative oversite in order to guide profits to their clients.😸

@shishkabobby 3 күн бұрын

Why is there uncertainty? Congress has been captured by special interest money, so now it is time to capture the executive branch. This is the natural consequence of equating corporations with persons.

@DeepestVoidNtheUniverse 2 күн бұрын

@shishkabobby executive branch is capped there moving on to the Supreme Court which appears to be capped as well.

@georgerady9706 2 күн бұрын

@LeTrashPanda Күн бұрын

Thank you for mentioning Citizens United, you are correct.

@Deatheater4444 2 күн бұрын

"Oh nooo, faceless bureaucracies can no longer make de facto law, how will democracy survive?!"

@foxooo Күн бұрын

@waltertodd4479 2 күн бұрын

I think you mean it's time for Congress to modify the law...

@garyminser2746 2 күн бұрын

Overturning Chevron And stops unelected bureaucrats from creating laws and puts that responsibility back in the hands of Congress. I see this is a big step forward for the American people.

@joshdavis416 2 күн бұрын

@@garyminser2746 This literally just limits the number of people they have to "lobby". How many major crimes can get investigated at one time? Three, Four? How about a thousand? How about 10,000 spread out over hundreds of businesses, whose leaders literally meet with each other twice a year, party, and discuss future plans. With each other.

@SuperOdyss 2 күн бұрын

What uncertainty? Now faceless unelected bureaucrats will not longer make law. Congress lost not one iota of enumerated power and neither did the executive.

@stevel6939 2 күн бұрын

Amen

@danamania150 2 күн бұрын

Well said!

@georgerady9706 2 күн бұрын

@foxooo Күн бұрын

Oh the ones who regulate ur food, water, medicine, roads, homes utilities?

@stevel6939 Күн бұрын

@@foxooo exactly. Get them out of our lives. I don't need " regulating" only the weak and low IQ ones need that. Most people can take care of themselves if they have an ounce of common sense

@emilycoley8200 2 күн бұрын

Boy, the tyrants sure are upset.

@the_big_dog813 3 күн бұрын

This guy from Lazard is a CLOWN of the first order.

@georgerady9706 2 күн бұрын

@LexFulton 2 күн бұрын

We should never have administrative overlords that we did not vote for. 🙄 This is beyond unconstitutional. Changes are needed.

@allsensesfiring 2 күн бұрын

This guy is not being forth right....do tell what you're not revealing behind the veil.

@AuthenticAustinRon 2 күн бұрын

You guest completely misunderstands the consequences of Chevron.

@georgerady9706 2 күн бұрын

@mikeemerson4284 2 күн бұрын

The judges don't need experience running companies or running a business and trying to make a budget there are the professionals of the Constitution so don't worry about what they do because they made the right decision this time

@carsonhalley2703 2 күн бұрын

This is a red herring argument. What this changes is that the judges will be a court of equity and law, not judges of a department. No way this increases uncertainty. In fact it will solidify certainty as more of these issues get litigated and we have precedent set. Right now the department’s position changes with every new administration, which is the definition of volatility.

@jonnelson9760 2 күн бұрын

Not when the decisions are made by a civil service that is not made up of political appointees. What is being implemented is your system.

@strawdemindset 2 күн бұрын

It will bring stability but at the cost of subject matter experts not being at the forefront of decisions. It also backs up every court in the nation for years and years to come because everyone and their mother will challenge any federal regulation they deem fit

@The_Tiffster 2 күн бұрын

🤦‍♀️what I'm hearing is that your government underfunded your education system.

@Sifaria 2 күн бұрын

My question is: Is this intentional? And if so, who benefits?

@DreidMusicalX 2 күн бұрын

I hate lawyers. Greedy and sell people out for a buck even knowing when convicting innocent people, then pretend to be morally above others.

@dianaroach3093 2 күн бұрын

Excellent point

@wankertanker1813 2 күн бұрын

Sell us all down the river for the corporate buck. Corp lawyers are easily the worst frauders of all time.

@jpsmith9452 3 күн бұрын

One of the things we learned from Covid was that the experts aren’t always expert. They brought their ideology and biases with them. There’s no reason the ‘experts’ in the bureaucracy don’t do the same.

@waltertodd4479 2 күн бұрын

Plus the ruling power freaks can maintain absolute control.

@jimflask1164 2 күн бұрын

If no one can interpret the law. It can not be used against anyone.

@tray8411 2 күн бұрын

Why uncertainty??? More litigation?? So what..Stop pounding the American people with regulations...

@AlsadsajsAlsadsajs-vl7th 2 күн бұрын

I to like rat poison in my hamburgers

@The_Tiffster 2 күн бұрын

Regulations protect people. It's the corporations who are hindered by them. They invest large sums in propaganda that will manipuate dullards into rebuking the very regulations that protect them from the dangers of corporate irresponsibility.

@shadowfax88 2 күн бұрын

@The_Tiffster Nooo way man it's gonna help the little guy be just like them someday 🤡 in fact it'll more likely consolidate big companies we will all sell our businesses to work for as they poison us

@The_Tiffster 5 сағат бұрын

@@shadowfax88 😂

@jeffhunt 2 күн бұрын

NO AGENCY RULE IS A LAW - HOW MANY ARE IN PRISON FOR ATF RULES - TOO MANY

@HH-zi5ih 2 күн бұрын

Federal agencies have to follow the law, rather than making up their own arbitrary rules. That’s exactly how it’s supposed to be. Law enforcement agencies cannot act as two branches of the government, when regulating each other is part of the reason we have separate branches. If you have a problem with it, you don’t understand what it means. Also, there’s no sense in comparing our legal system or courts to a business. It’s not.

@Stitch-Squad2216 2 күн бұрын

This really needs to be explained to the public using examples of abuse that are easy to understand. Chevron was something that was being used by the people in power to guide the markets in the directions they wanted.

@markmccain659 2 күн бұрын

I had to laugh. He says that the agencies are filled with civil servants who are experts in their field and are predictable, but the courts are idealogical and political. Has he listened to the people running the agencies?

@hstetser5376 2 күн бұрын

Best part is the ATF can no longer unilaterally make up extra judicial anti constitutional "rules"

@ronjones1414 2 күн бұрын

The entering hypothesis is the goal. Reduced bureaucracy do to lack of confidence in surviving litigation. Whatever this court is, it is increasing individual freedom and responsibility.

@Arx9845 2 күн бұрын

Yes, gov't capture and corruption is so much more predictable. We're soo naive.

@ernielightning3218 2 күн бұрын

Should never be used in politicized cases

@ericdaniels4650 2 күн бұрын

Regulatory agencies shouldn't be making laws or rules outside of congress. If your business needs clarity, then open a discussion in congress. This ensures the democratic process is followed. Giving regulatory bodies the power to rewrite rules and laws only opens the door for biased policies and destroys the democratic process.

@Jazmyn-bw7rh 2 күн бұрын

you have an incredible talent for making complex topics simple!

@debh5780 Күн бұрын

Very informative ! Needs broadcast on a wide spread basis ! 🤔

@marekkarcz3946 2 күн бұрын

Ideology and bias can also affect the "experts" opinions, so I think this is not a good or honest argument against the ruling.

@thenecessaryevil2634 2 күн бұрын

Its overturning is the ATF's fault as they blatantly abused it to basically use existing laws to just declare by fiat of an 'expert' panel that something they wanted to arrest for was covered by a unrelated law and illegal. They did this by simply declaring ATF agents and former agents 'experts' by dint of 5+ years experience to pad the 'expert' committees and rubber stamp their wants. The Chevon Doctrine was supposed to make lawmakers consult experts before enforcing a law that may or may not apply. But its basically been abused for years to let the government do whatever it wants. Most of the time stepping on small businesses and ordinary citizens with harsh fees that basically bankrupt them while large corporations can just pay them with no real effort.

@The_Tiffster 2 күн бұрын

No.

@RobertCrickmore 2 күн бұрын

What a ridiculous way of thinking. Chevron has been an anvil around the necks of so many industries and individuals for decades. The precursor to this reversal was the 2021 West Virginia vs EPA case where the EPA tried to regulate coal producers out of existence potentially forcing an entire mega billion dollar industry to collapse. The court said that an administrative agency has no power to make decisions on such major questions unless Congress clearly gave it such authority. Reversing Chevron is arguably the most impactful case this term. In a good way.

@DingoHammer 2 күн бұрын

Nature abhors a vacuum. That's why most of the universe is interstellar space which is an extreme vacuum.

@TheMUSICHEART 2 күн бұрын

A myopic analysis that ignores government agencies overstepping their authority and acting like legislators. The implications for some sweeping 2nd Amendment rulings will certainly emphasize my point.

@raymondholguin7272 2 күн бұрын

What's retail per foot of rope?

@The_Tiffster 2 күн бұрын

Don't do it.

@user-sf7lv4jm4c 2 күн бұрын

Chevrons only been around for forty years. This country had been surviving just fine without it. This country was founded for freedom not business. Chevron being overturned levels the playing field.

@waltertodd4479 3 күн бұрын

If you can't stand, the judicial outcome, don't go to court.

@highwildplacesphotography 3 күн бұрын

When the Extreme Court legalizes machine guns, and says that the EPA cannot regulate pollution...it's time to change the court.

@franky1288 3 күн бұрын

What about the experts in the vaccine industry, maybe this is good they may think twice about putting out damaging vaccines.

@rocknreality5180 2 күн бұрын

He is not for the people.

@TwinGoats 2 күн бұрын

Not for citizens

@SS-qk8oc 2 күн бұрын

The Constitution. Please.

@mikeemerson4284 2 күн бұрын

The Court's decision was correct and it helps the American people immensely

@robertw4230 Күн бұрын

Dracula got defanged 😝

@NokomiseWillabyhigh-i7q 2 күн бұрын

I'm deaf and your jaws need rest as well as my shifty eyes from captioning.

@KadirHussen-h3m 3 күн бұрын

Nayse

@jeffhunt 2 күн бұрын

LIE - AN AGENCY WILL ALWAYS ACT IN THE BEST INTEREST OF THAT AGENCY!!!

@The_Tiffster 2 күн бұрын

🤦‍♀️🤦‍♀️🤦‍♀️

@SepideFarazi 3 күн бұрын

❤️❤️

@AnthonyMartinez-fx8pr 2 күн бұрын

Follow the law as written. What a concept. Of course he likes the certainty of unelected beurocrats making up rules as they go. It's faster for a buisness, so for course he doesn't like Chevron being overturned. It makes his job harder. Giving the power back to the legislature, what a tragedy. Congress and the Senate actually have to do something.😅😅😂😂😂🤣🤣🤣🤣!!!!!!!!!

@Parvinghavipnjh 2 күн бұрын

👍

@AsadolahRahimi-lu4on 3 күн бұрын

❤❤❤❤❤

@thejeffinvade 3 күн бұрын

So the decision may not be pro business after all. Good analysis.

@farhadkarymy1800 2 күн бұрын

pershiyan language. ❤

@f1y7rap 2 күн бұрын

Overturning Chevron Deference simply means Congress is required to do their job better. They can no longer (INTENTIONALLY) write vague laws that sound like they're working for us while actually slaughtering us. Anyone that argues 1) that Congress lacks the expertise and 2) federal bureaucracies have that expertise is a fool. There is no such thing as an "expert". There are only individuals with more experience that has been proven right through success and testing. Federal bureaucrats by definition have no experience in any market. Their experience is navigating through a rats nest of red tape. Congress has the ability and mandate to ask for experienced groups to come forward to assist in crafting GOOD laws. And the bureaucracy has the requirement to send back to Congress when a rule is unclear. This shit has been going on ever since Woodrow Wilson and his Ivy League buddies decided govt should be led by intellectuals. Because they believe the average person is not smart enough.

@user-sf7lv4jm4c 2 күн бұрын

They end up in the hands of juries because that’s where they are supposed to be. Period.

@markdunsworth4137 2 күн бұрын

There's zero uncertainty! Congress decides, not unelected regulatory agencies!

@RyanSpringer1984 2 күн бұрын

This guy is trying to sell the dolts on why big gov is good, just not mentioning the salt in the game he has.

@iamfromthegov 2 күн бұрын

appointed agencies , that are not elected passing hard laws that is congresses's job these people will never cede authority or diminish their capacity and will act for their appointed party

@GaryL3803 2 күн бұрын

Comrade Jacobs, I thoroughly agree with your comments.

@jamesburge1983 2 күн бұрын

Really enjoy reading how all these Nobel Laureates in economics are trashing the guy who literally is ahead of his time on this subject.

@oreillysc1 2 күн бұрын

Maybe laws will benefit the people as a whole now and not just the 1% at the top. Sounds good

@The_Tiffster 2 күн бұрын

You've got it backwards. So many gullible people here🤦‍♀️

@iamfromthegov 2 күн бұрын

cdc passes the law of eviction during covid. no authority to do so and the byron said that but let an unconstitutional precedant stand

@texasRoofDoctor 2 күн бұрын

Wrong, the US used to have rule of law. The original Chevron case was a huge mistake that allowed unelected Federal bureaucrats to make arbitrary rules without proper research or in accordance with established legal precedent. SCOTUS is nearly the only bright spot on the political scene in 2024. Feel free to tell how you feel good about the Executive branch for the last 3 years.

@wankertanker1813 2 күн бұрын

Scouts are jerk weeds

@watsamatau 2 күн бұрын

Old Kenny boy just called jurors idiots . Talk about smug .

@The_Tiffster 2 күн бұрын

He didn't call them idiots. They are not experts and rely on experts as integral to their understanding. But now, Justices, with no relevant expertise, will be free to rule whichever way their recently revealed sugardaddies desire.

@sheenadees2701 2 күн бұрын

Yes please don't get rid of what makes sure we have control. Maybe we need some non-business friendly time. It seems like CEOs of businesses and upper level management make 10 times the amount the hard workers that create the product or give the service actually receive. Perhaps if you all hadn't been so greedy and wanting to control the regulators. And buy off democracy this wouldn't be happening...

@lindaselander9602 2 күн бұрын

No, you're lieing!

@christopherthigpen9360 2 күн бұрын

Oh my, this fella sure has an interesting perspective. 😂

@debbiek3375 2 күн бұрын

Well, there is an easy fix. Congress should be more thorough when creating new legislation. Cross all the Ts and dot all the Is. No ambiguity equals no need for an unelected so-called expert to interpret them.

@KelliAnnWinkler 2 күн бұрын

This guy is not making any sense.

@echoeversky 3 күн бұрын

The Law of Unintended Consequences always provides.

@jamesmatters3905 2 күн бұрын

all bull

@lorihague6156 2 күн бұрын

Power hungry bureaucrats like this, are a waste of air

@jimmyghersi 2 күн бұрын

Federal agencies should create laws

@DeepestVoidNtheUniverse 2 күн бұрын

? Congress. Assembly of the people.

@LongToad 2 күн бұрын

@@DeepestVoidNtheUniverse The people are idiots and so is congress. Have you seen congress questioning industry executives on things like internet policy or the environment? How do you suggest they interpret and apply laws to things they don't understand?

@jeffhunt 2 күн бұрын

RULE CHANGES WITH EACH ADMINISTRATION IS UNCERTAINTY -

@wankertanker1813 2 күн бұрын

Which goes along with polls of the past that ceos prefer operating in dictatorships abroad. Maybe they support such here, too. F'n scary. Germany in the 30s operated for its industrialists as well.

@MichaelVHart 3 күн бұрын

None of his arguments make any sense.

@KK-pm7ud 2 күн бұрын

How so?

@AlsadsajsAlsadsajs-vl7th 2 күн бұрын

It’s called unintended consequences

@Arizonacomet 2 күн бұрын

@epenesajennings4725 2 күн бұрын

This is all about making money for the rich, not caring about the environment and the future of our children. Greed first.

@charleshetrick3152 2 күн бұрын

The legislature can still ban all the things and regulate to their hearts content just not the unelected bureaucracy.

@highwildplacesphotography 3 күн бұрын

Uncertainty was the point...our Extreme Court has empowered themselves, and the wealthy, over and above the people and Congress. This is what modern Fascism looks like.

@Giant_Meteor 2 күн бұрын

@highwildplacesphotography The reason the Chevron decision was struck down was in favor of small business owners who were being driven into the ground by arbitrary rules of federal agencies, being deprived of all recourse against them in the courts. By striking it down, it requires agencies to act on laws passed by Congress, and as interpreted by courts, instead of being able to make up any rules they wished, and requiring the lower courts to bow to the whims of agencies. In the particular case that brought Chevron to its end, a small fishing company of only a few people was being required to pay $700 per day to host an inspector on their boat... not because of law, but only because of made-up agency policy, acting as though federal law. The "Extreme Court" was striking this kind of behavior down as overreach: An agency should be enforcing existing law, not making up whatever policy they want.

@waltertodd4479 2 күн бұрын

Or a Congress who is afraid to fix it.

@callawar 2 күн бұрын

@@Giant_MeteorExactly. No one seems interested in the onerous fee that would driven the fishermen into extinction or how the agencies operated before Chevron. As Gorsuch put it, the opinion puts a “tombstone” to Chevron.

@AlsadsajsAlsadsajs-vl7th 2 күн бұрын

Chevron has been around for 170 years. Small businesses have done fine

@waltertodd4479 2 күн бұрын

Or a very lazy Congress.

@swiftuiforever 2 күн бұрын

We saw how the experts handled COVID. The earlier we throw out experts the better for everyone.

@robertcrawford2949 2 күн бұрын

You're full of it. Reversing the chevron rule gets rid of the administrative state. If it's going to be law, let congress pass the law and face their constitutes. No more administrative bs.

@raymondreiss2627 2 күн бұрын

Yeah I just get the feeling that these guys are lying through their teeth. And I'm rarely wrong about that

@shishkabobby 3 күн бұрын

@Dfgbuiiyyyybb 3 күн бұрын

Because people voting on and passing laws are not subject matter experts? Do you think government employees tasked with enforcing fishing laws has actually worked on a fishing boat? If you look at th case that initiate this... the government wanted fishing boats to take government monitors with them so they could enforce fishing laws basically quotas. They also want these companies to pay for the monitors and of course these extra people would take up more space on fishing boats.

@answerman9933 2 күн бұрын

Why did you wrote this twice?