r/facepalm • u/Loud-Ad-2280 • 6d ago
Yeah they probably should have been charged with treason not just obstruction π΅βπ·βπ΄βπΉβπͺβπΈβπΉβ
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r/facepalm • u/Loud-Ad-2280 • 6d ago
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u/Big-Leadership1001 6d ago
honestly this will blow up in their faces. Chevron overturn takes power away from both the Court (who made it up) and the President (who has way too much executive power). This makes Congress pass laws.. which they already do. So instead of a President just deciding to do something, they have to point at the exact law that Congress passed that says they have that power first.
Its going to be a shit show for a while because the majority of Congress doesn't even show up for work half the time. They're going to have to figure out how to work like the rest of us, and corporations will suddenly either have to pay for laws that straight up prove who they are bribing, or get fucked because they can't just bribe executive agencies any more.
Wall Street is a big one here. The SEC has been run by the banks forever. When they get caught committing crimes, the fines are lower than the illicit profits the crimes earned. Congress will need to either just give up on pretending there is any Wall Street oversight, or pass some legislation that actually creates it for the first time ever... and has the side effect of punishing Congress for insider trading. Its going to be interesting.