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Jason support ×2 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E186 · 2024-07-04 ▶ 53:04

So to recap, it could get a little messy, but it's a better, healthier system because this system has become super bloated over 40 years. That was my take on it as well.

Sacks support ×3 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E186 · 2024-07-04 ▶ 53:19

the administrative state has become incredibly powerful as a result of Chevron doctrine. And now I think by reversing it, you actually give a chance for the restoration of democracy.

Friedberg support ×3 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E186 · 2024-07-04 ▶ 50:36

I'm optimistic that this ruling will limit the agency's authorities and limit their ability to create more bureaucratic overhead, more headcount, more individuals that need to now go and administer the rules and regulations that they themselves create. And so I'm actually very optimistic and hopeful about this change.

Chamath support ×2 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E186 · 2024-07-04 ▶ 48:42

what the courts have done now will allow companies who believe that regulations are either overwrought or misguided for today's market landscape and bring it to an independent judiciary and have them decide. And I think that that's a very reasonable check and balance.

Chamath support ×2 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E144 · 2023-09-01 ▶ 15:50

Alex Spiro is going to have a job for the rest of his life. That's his lawyer from Quinn Emmanuel. And Alex is going to beat these things back. And generally Alex will win most lawsuits.

Chamath brush_off ×1 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E137 · 2023-07-14 ▶ 35:35

Has this trend changed? I thought America always did that.

Jason support ×2 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E137 · 2023-07-14 ▶ 1:01:17

now are we going to see like 10 counter lawsuits, and everybody is just going to sue the SEC and stand up for themselves? I think that's what's going to happen now.

Sacks support ×2 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E137 · 2023-07-14 ▶ 44:31

And my critique of what the SEC was doing is they were basically seizing power that they did not have.

Friedberg support ×3 ▲ on 🏛️ Courts reverse agency overreach - the regulatory premium on tech and crypto compresses E137 · 2023-07-14 ▶ 34:37

but I'm really encouraged at the fact that the court system in the United States doesn't just kowtow to whatever administration is in power at that moment, that they do adjudicate by the law and ultimately provide greater clarity for business