Odaily Planet Daily News - Vivek Ramaswamy, one of the heads of the U.S. Department of Efficiency (DOGE), stated in a post on X that federal regulatory spending will face a "significant" reduction, with two key judicial developments undermining federal regulatory power. He pointed out that the Supreme Court rejected the "Chevron Deference Doctrine" (which allows federal agencies to interpret ambiguous regulations) and the "Major Questions Doctrine" (which requires agencies to act only when they have clear legal authority), which is seen as transformative, "This paves the way for a substantial reduction in the scope of federal regulation. That day is coming." The Court's rulings were finalized in 2024 and 2022, respectively, limiting federal agencies' ability to interpret regulations. Analysis indicates these changes are expected to impact numerous industries, including the cryptocurrency sector.

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