Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

Experts Refute Musk And Ramaswamy's Plan To Slash Regulations

Elon Musk Tesla Tesla CEO Elon Musk attends the VivaTech conference in Paris

Recent Supreme Court rulings have sparked discussions about the potential ease of tearing up federal regulations. Elon Musk and Vivek Ramaswamy, appointed by President-elect Donald Trump to lead the Department of Government Efficiency (DOGE), believe that decisions in cases like West Virginia v. Environmental Protection Agency and Loper Bright Enterprises v. Raimondo will facilitate the process of overturning regulations. However, legal and regulatory experts have pointed out that their interpretation may not align with the actual implications of these rulings.

The Loper Bright decision, for instance, overturned a precedent that required courts to defer to federal agencies' rulemaking in cases of ambiguity, indicating a need for more scrutiny on regulatory actions. Similarly, the West Virginia case limited agencies' power in addressing significant issues without explicit congressional authorization.

Musk and Ramaswamy argue that these rulings suggest many current regulations exceed congressional authority and propose presenting a list of such regulations to President Trump for review and potential rescission. However, experts caution that the process of overturning regulations is complex and would require adherence to administrative procedures, including public input and justification for changes.

Moreover, the reduction in federal workers, as proposed by Musk and Ramaswamy, could pose challenges in implementing such regulatory changes. Experts emphasize the importance of experienced staff in reviewing regulations and highlight the potential difficulties in achieving significant deregulation without adequate resources.

Loper Bright decision calls for more scrutiny on regulatory actions.
Supreme Court rulings may facilitate overturning federal regulations.
West Virginia case limits agencies' power without congressional authorization.

While both Musk and Ramaswamy have personal interests in reducing regulations that may impact their business ventures, experts suggest that the process of deregulation is intricate and may not yield the desired outcomes as anticipated. Previous attempts at deregulation during the Trump administration focused more on slowing the pace of new regulations rather than eliminating existing ones.

Efforts to utilize the Congressional Review Act to overturn recent regulations enacted by the Biden administration are also highlighted as a potential avenue for regulatory changes. This approach could allow for the reversal of certain rules without facing Senate filibusters, potentially affecting around 100 regulations.

In conclusion, the debate surrounding federal regulations, Supreme Court rulings, and deregulatory efforts underscores the complexities involved in altering existing regulatory frameworks and the importance of informed decision-making in this process.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.