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The Supreme Court Revisits Chevron: What Does It Mean for Banking Regulation?

Karen Solomon, Michael Nonaka, Michael Reed, Brandon Howell

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UPDATE: As widely expected, the Supreme Court on Friday, June 28, overturned the 1984 Chevron precedent, significantly curbing the regulatory power of federal agencies. Chief Justice John Roberts stated, “Courts must exercise their independent judgment in deciding whether an agency has acted within its statutory authority.” This decision will impact how banking regulations are interpreted and enforced, creating new legal and compliance challenges for the indust…

About the Authors
Karen Solomon
Michael Nonaka
Michael Reed
Brandon Howell
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