Supreme Court Deals Another Blow to ‘Administrative State’ | Business Matters Full Broadcast (July 1)

After the Chevron ruling, today came Corner Post. The supreme court on July 1 made it easier for American businesses to challenge federal regulations. The highest Court ruled 6-3 that a retailer can challenge the fees the Federal Reserve System allows banks to charge for processing debit card transactions, despite not filing the challenge before the usual six-year cutoff. This will allow businesses to bring fresh challenges to long-existing regulations. Boeing has agreed to buy one of its suppliers, Spirit Aerosystems for $8.3 billion. Boeing says the deal will help improve the quality and safety of its planes, after a series of safety-related incidents.Scammers are impersonating utility company representatives to defraud people by threatening the deactivation of service, the nonprofit Better Business Bureau (BBB) is warning.