Here's your summary from Supreme Court Overturns Chevron Ruling (https://www.youtube.com/watch?v=bk7H4YGsnnw) on the Bloomberg Television channel:
### TLDR:
The Supreme Court overturned the Chevron ruling, limiting regulatory agencies' power to interpret laws, leading to more litigation in court.
### Key Points:
1. The decision impacts agencies like the EPA and SEC, limiting their ability to interpret laws and apply them.
2. The ruling shifts more decision-making power to the courts, affecting cases related to auto emissions standards and securities law.
3. The Supreme Court's conservative majority has been ruling against regulators, with more opinions expected on Monday.
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