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Foreign Entity of Concern language in OBBB is Precedential
The expansion of the Foreign Entity of Concern standard in the One Big Beautiful Bill Act creates a precedent that will likely be used by future presidents and Congresses to punish certain industries and favor others.
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45V Tax Credit rules, post-Chevron decision
The end of judicial deference to agency expertise will challenge the proposed implementing rules for the clean hydrogen tax credits of the Inflation Reduction Act, expanding the aperture of eligible projects.
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Chevron deference
The decision by the US Supreme Court to overturn the 1984 Chevron v Natural Resources Defense Council decision will create a new paradigm for how agencies propose and enforce regulations…and restores the burden for Congress to be clean when grants authority.