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Supreme Court's EPA Decision Could Put DOL Rule-Making in Crosshairs
Pensions & Investments July 1, 2022 "The key question is whether certain regulations fall under the major questions doctrine, which states that administrative agencies must be able to cite 'clear congressional authorization' when they make decisions of wide-ranging 'economic and political significance.' ... [T]he ruling may impact how the DOL will continue its recent emphasis on rule-making based on ERISA Section 404(a) on fiduciary responsibility." [West Virginia v. EPA, No. 20-1530 (S. Ct. Jun. 30, 2022)] |
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