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Musk, Ramaswamy will lean on Supreme Court rulings to cut federal agencies [Globe and Mail, The (Toronto, Canada)]

Roivant Sciences Ltd. (ROIV) 
to reduce rules that are unnecessary, costly and inefficient. Musk, the billionaire CEO of Tesla and SpaceX, and Ramaswamy, a former Republican presidential candidate and the founder of biotechnology firm Roivant Sciences, have been tasked by President-elect Donald Trump to lead a panel of outside advisers to make efficiency recommendations. The two wrote a Wall Street Journal opinion piece about the panel on Wednesday. Many current federal regulations may exceed the legislative power granted by Congress, they said, citing two Supreme Court cases – 2022's West Virginia v. Environmental Protection Agency and this year's Loper Bright v. Raimondo. The panel will look for such regulations, they added. With an electoral mandate and the 6-3 conservative majority in the Supreme Court, Musk and Ramaswamy said, the panel has an opportunity to enact substantial structural downsizing within the federal government. The panel will give its list of regulations to President Trump, “who can, by Show less Read more
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