Post-Chevron landscape gives trust bank challengers the edge
A bank-led challenge to the Office of the Comptroller of the Currency's interpretation of the National Bank Act threatens to undermine 21 national trust charters granted in recent years. The Supreme Court's decision to end Chevron deference makes the plaintiffs' argument easier.
Sources
- T1Post-Chevron landscape gives trust bank challengers the edgeAmerican Banker (headlines)