The recent Supreme Court decisions have shifted regulatory power from agencies to the courts, introducing a 'judicial veto' that complicates the investment landscape.
The judicial veto creates a scenario where multiple decision-makers, alongside sympathetic judges, influence regulations, undermining the efficacy of specialized regulatory expertise.
The increase in unpredictability and prolonged timeframes will deter business investments, especially from newcomers, while favoring established companies and their shareholders.
These changes threaten to diminish innovation and hinder competitive edges, ultimately leading to a less favorable environment for U.S. businesses.
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