U.S. Supreme Court overturns Chevern doctrine, affecting federal agencies' rulemaking ability

According to TechFlow, the U.S. Supreme Court overturned one of its most important precedents, the Chevron Principle. The Chevron Principle is part of U.S. administrative law and gives federal agencies the power to interpret laws when they are vague. This ruling has a significant impact on the rule-making capabilities of the U.S. Securities and Exchange Commission (SEC) and other federal agencies, weakening their power in administrative law.