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Bank Liquidity, Regulation, And The Fed s Role As Lender Of Last Resort, Federal Governor Michelle W Bowman, At The Roundtable On The Lender Of Last Resort: The 2023 Banking Crisis And COVID, Sponsored By The Committee On Capital Markets Regulation, Washington, D C

Bank Liquidity, Regulation, And The Fed s Role As Lender Of Last Resort, Federal Governor Michelle W Bowman, At The Roundtable On The Lender Of Last Resort: The 2023 Banking Crisis And COVID, Sponsored By The Committee On Capital Markets Regulation, Washington, D C
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Liberals Still Have a Chance to Save the Administrative State

On January 17, the Supreme Court hosted oral arguments which, while over a hyper-technical legal issue, lasted more than three hours, drawing wide coverage from mainstream media. At issue was whether the court should overturn what’s become known as “Chevron deference.” Established as a precedent in a 1984 decision, Chevron v. NRDC, Chevron deference requires federal courts to “defer” to—that is accept without attempting their own interpretation—“reasonable” executive agency interpretations of go

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