XRP Lawyer John Deaton Slams Sen Warren’s Bill To Overturn Chevron Ruling

Quick Summary:

XRP lawyer John Deaton slams Democratic senators seeking to introduce legislation to overturn a Supreme Court ruling on Chevron deference that limited US federal regulators such as the SEC’s powers.

Senator Warren is leading Democrats to introduce a bill to restore the Chevron deference.

Moreover, Gary Gensler is expected to resign in January or February 2025, despite his term officially ending in June 2026.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: India

Topics: Regulation News Elizabeth Warren 24/7 Cryptocurrency News John Deaton Gary Gensler Securities and Exchange Commission

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 15:22:16 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21753045

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