July 16, 2024
Education Department Could Face ‘Stronger and New Challenges’ Post-Chevron, Moody’s Says
The U.S. Department of Education will likely face “stronger and new challenges” to its regulatory agenda following the landmark U.S. Supreme Court decision overturning the Chevron doctrine, according to a Thursday report from Moody’s Investors Service. Last month, the top court struck down the 40-year precedent that deferred the interpretation of ambiguous statutes to government agencies. According to Moody’s analysts, the ruling means that courts will “have the primary responsibility to interpret laws when congressional legislation lacks clarity,” weakening the authority of agencies like the Education Department.