Donald Trump's allies are planning to dismantle parts of the regulatory state established under the Biden-Harris administration, focusing on agencies like the SEC and CFTC. They aim to remove "woke" elements and return these agencies to their original consumer protection roles. A priority is to oust SEC Chair Gary Gensler, whom they view as overly progressive, particularly for his climate disclosure policies and crypto crackdown. Trump's team is prepared to take drastic measures to achieve this, including public campaigns against Gensler.
Trader Joe's attorney argues that the National Labor Relations Board is unconstitutional as part of the grocer's defense against union-busting charges, aligning with a broader conservative effort to dismantle the regulatory state. The argument, similar to one made by SpaceX, claims the NLRB violates the constitutional separation of powers and due process. This move has raised concerns among union representatives and could potentially throw labor relations into turmoil if successful.
Conservative Supreme Court justices are considering weakening the power of federal regulators by potentially overturning the 1984 Chevron decision, which allows agencies to interpret unclear laws. Justices Gorsuch and Kavanaugh led the attack on Chevron, while liberal justices expressed concerns about judges becoming "uber-legislators" if Chevron is eliminated. The outcome could have significant implications for regulations on public health, workplace safety, and environmental protection, with billions of dollars at stake.
