A landmark ruling by the US Supreme Court will put the brakes on a swath of new business regulations, according to senior Republicans and top corporate lobbyists.
Two Republican lawmakers told the Financial Times they believed the Court’s decision to curtail the power of the Environmental Protection Agency would have broad consequences as industry representatives used it to argue against new rulemaking.
Several corporate lobbyists said the implications of Thursday’s ruling would be most immediately felt in the crypto industry, which is facing much stricter regulation under plans by the US Securities and Exchange Commission as well as other financial regulators.
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