The consequential cases to come before the Supreme Court
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 2 October 2023
⏱️ 7 minutes
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Summary
The U.S. Supreme Court begins a new term today and is slated to hear cases that would have the potential to dismantle some federal agencies, including one that polices the financial system. We preview the cases and their potential impact. Then, we do the number on Michigan autoworkers as their strike expands. Later: What will it take to make the video game industry more welcoming and diverse?
Transcript
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| 0:00.0 | What it takes to make video game companies more welcoming to diverse talent. |
| 0:06.3 | I'm David Brankhaccio. Good morning to you. The U.S. Supreme Court begins a new term today, |
| 0:10.9 | justice is scheduled to hear cases that would have the potential to dismantle some federal agencies, |
| 0:16.7 | including one that polices the financial system. |
| 0:19.4 | Among the most consequential cases during this term will be a challenge to how the consumer |
| 0:23.7 | financial protection bureau is funded. Striking down that funding mechanism could endanger other |
| 0:29.5 | agencies, including the Federal Deposit Insurance Corporation, which ensures bank deposits, |
| 0:34.7 | and even the Federal Reserve. In another case, the High Court will consider overturning a precedent |
| 0:39.7 | called the Chevron Deference, in which judges rely on the expertise of federal agencies in certain |
| 0:44.7 | circumstances. And the Securities and Exchange Commission's ability to hold administrative hearings |
| 0:49.7 | versus taking cases to court is also being challenged. I'm Navasafo, for Marketplace. |
| 0:55.6 | The United Auto Worker's strategy of incremental escalation has incrementally escalated again, |
| 1:01.6 | with another 7,000 workers hitting the picket lines at a Ford plant in Chicago now, |
| 1:06.0 | and a GM plant in Michigan. Jeep and Ram parent company Stellantis was spared the escalation |
| 1:11.6 | with the Union pointy to some progress in negotiations there. The new strikers join 18,000 |
| 1:17.2 | workers already on picket lines at assembly plants and parts distribution centers across the |
| 1:21.7 | country. A key sticking point is wages, Corey Staley at the online job search company Indeed |
| 1:28.3 | ran the numbers for Michigan auto workers. Many of these auto workers in Michigan are making the |
| 1:33.9 | same dollars per hour. We're not talking about real wages. We're talking about the actual |
| 1:37.7 | dollars per hour as they did in 2006. DisclosureIndeed.com is an underwriter of this program. |
| 1:44.6 | Among its priorities, the UAW wants increases of up to 40% over four years in the scrapping of a |
| 1:50.8 | lower system of pay for those hired after 2007. There's also news that the UAW has reached a |
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