ChainCatcher news, according to theguardian, the U.S. Supreme Court has overturned one of its most important precedents, Chevron Deference. Chevron Deference is a part of U.S. administrative law that grants federal agencies the power to interpret laws when they are ambiguous.This ruling has a significant impact on the rule-making authority of the U.S. Securities and Exchange Commission (SEC) and other federal agencies, weakening their power in administrative law.