Greg Stohr
ReporterGreg Stohr writes for Bloomberg.
Greg Stohr writes for Bloomberg.
The U.S. Supreme Court let President Trump move ahead with plans to dramatically reduce the size of the federal government.
The U.S. Supreme Court refused to question an IRS summons that forced Coinbase to turn over transaction information for over 14,000 cryptocurrency customers.
Voting 6-3, the justices rejected contentions that Congress unconstitutionally handed off its taxing powers.
A divided Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws.
The 6-3 decision could reduce the commission's leverage to extract high-dollar settlements.
The U.S. Supreme Court upheld a 2017 tax on American-owned businesses' foreign profits, rejecting an appeal that could have saved companies hundreds of billions of dollars.
The justices heard two appeals that could constrain environmental, consumer-protection and financial regulators.
Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.
The case coming before the Supreme Court stems from a 2017 tax law provision that aimed to tax earnings held overseas by big multinational companies.
The case involves a former hedge fund manager whom the SEC accused of misleading investors.