This is CBS, I am the world. I'm John Batchett. The Supreme Court, I welcome Professor Richard Epstein,

a senior fellow at the Hoover Institution Teachers Law at NYU in the University of Chicago,

on over these last months and year, Richard has been very generous in his column for defining ideas

to write up the three cases before the Supreme Court, argued orally.

Those cases are now decided upon by the Court, and we have decisions in which Richard's recommendations

have comported exactly with the results. We're going to seize on just one of them.

One of them is about wetlands, one of them is about a property and taxes, and one of them is about art.

We're going to seize on the wetlands piece because this is the one that speaks to a history of the EPA's

power that has overreached, the administrative states overreached, meeting the court's resistance.

Richard, a very good evening to you. The Wall Street Journal headline is alarming within these last hours.

Supreme Court further erodes EPA's power, subhead Justice Limit Agency's authority over wetlands

after curbing its role in coal emissions last year.

We're touting up how the Conservative Supreme Court is challenging the administrative state,

which is a topic you've written about for years. I want to be very specific about this present

decision because my memory of it is that it turns on the claim by the EPA that a sometimes

piece of water that has no connection to navigable waters comes under the authority of the EPA,

and therefore they can order or give orders or give challenges to property owners.

You've argued very carefully that it's not, well, I'm going to interpret it in my way.

It's not common-sensical, but the court now has come up with a decision that looks divided.

Good evening to you, Richard. Yes, it is divided on the nuances, but there's a clear direction.

The power of it you mentioned with respect to the decision in the West Virginia case is most

applicable. At issue in that particular case is what do you mean by the best system of emissions

...