Greg Stohr
ReporterGreg Stohr writes for Bloomberg.
Greg Stohr writes for Bloomberg.
The Supreme Court will review a ruling that cast a constitutional cloud over the use of in-house judges to handle cases pressed by the Securities and Exchange Commission.
The justices, voting 6-3 along ideological lines, sided with six Republican-led states that sued to challenge the program.
The justices unanimously said companies and people facing agency investigations or complaints can go straight to federal court with some constitutional challenges.
The Supreme Court scaled back the federal penalties for failing to file required reports listing foreign bank accounts in a ruling likely to help some Americans living abroad.
The justices turned away a Missouri appeal that sought to ensure states can cut taxes even as they receive $195 billion in federal pandemic-relief money.
The court's terse two-sentence order, letting a House committee get six years of Trump's tax returns, marked the fourth time the justices have rejected him over documents since he left office.
The House Ways and Means Committee had been racing the calendar to obtain the records before Republicans assume control of the House in January.
The U.S. Supreme Court signaled it may open a new avenue for companies and people to fight off complaints by the Securities and Exchange Commission and Federal Trade Commission.
The court is turning its anti-regulatory campaign toward the federal agencies that are scrutinizing Wall Street banks and seeking to break up Meta.
U.S. Supreme Court justices questioned the legality of stiff penalties the federal government says it can impose on people who fail to file required reports listing their foreign bank accounts.