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Chevron Deference
Definition
A two-step judicial review framework for evaluating agency interpretations of statutes they administer. First, the court examines whether Congress directly addressed the precise question; if not, the court asks whether the agency's interpretation is reasonable. Agencies receive significant deference at the second step, even if courts might prefer a different reading.
Examples
- •The respondent argues the SEC's regulatory interpretation should receive Chevron deference because the Investment Advisers Act is ambiguous and the SEC's construction is reasonable