SCOTUS overturns Chevron deference. What it means for regulators

a longstanding principle that required courts to defer to government agencies' interpretations of ambiguous laws rather than interpreting them independently. Brownstein shareholder and co-chair of financial services practice Leah Dempsey joins Catalysts to discuss the implications of this decision.

Um But you know, this ruling is significant and we um have a, a number of ramifications for the financial services industry.Thank you so much for that great explanation there just giving us the context on how this has really changed politically over time. Uh, there's also the, um, the process of seeking clarity through regulators which will change, um, you know, for instance, something like a, I, there is not a, a law on the federal books that tells people exactly how to operate in that area yet and the agencies in many instances have stepped in.

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