FILE- Gulls follow a commercial fishing boat as crewmen haul in their catch in the Gulf of Maine, in this Jan. 17, 2012 file photo. TExecutive branch agencies will likely have more difficulty regulating the environment, public health, workplace safety and other issues under a far-reaching decision by the Supreme Court. The court’s 6-3 ruling on Friday overturned a 1984 decision colloquially known as Chevron that has instructed lower courts to defer to federal agencies when laws passed by Congress are not crystal clear. (AP Photo/Robert F. Bukaty, File)

In what will probably go down as one of the most important Supreme Court decisions in all of U.S. history, The Supreme Court rule today 6-3 against Chevron Deference which we can hope will mean the start to the dismanteling of the adminstrative state that has a choke hold on the U.S. It’s going to depend of course if Congress has the courage to start gutting these agencies. I expect this to be good news for real estate development in general.

Here’s a take from Doug Sheridan on LinkedIn. He does a great job of briefly explaining the impact.

Here’s Laurence Tribe’s tweet about the decision.