The last time that the [[U.S. Supreme Court]] invalidated a regulation based on nondelegation doctrine was in 1935, for lack of a necessary "intelligible principle" in two statutes. One provided literally no guidance for the exercise of discretion, and the other conferred authority to regulate the entire economy on the basis of no more precise a standard than stimulating the economy by assuring "fair competition." ''See Panama Refining Co. v. Ryan'', 293 U.S. 388 (1935); ''[[A. L. A. Schechter Poultry Corp. v. United States]]'', 295 U.S. 495 (1935). See the discussion in ''Whitman v. Am. Trucking Ass'ns'', 531 U.S. 457, 474 (2001). | The last time that the [[U.S. Supreme Court]] invalidated a regulation based on nondelegation doctrine was in 1935, for lack of a necessary "intelligible principle" in two statutes. One provided literally no guidance for the exercise of discretion, and the other conferred authority to regulate the entire economy on the basis of no more precise a standard than stimulating the economy by assuring "fair competition." ''See Panama Refining Co. v. Ryan'', 293 U.S. 388 (1935); ''[[A. L. A. Schechter Poultry Corp. v. United States]]'', 295 U.S. 495 (1935). See the discussion in ''Whitman v. Am. Trucking Ass'ns'', 531 U.S. 457, 474 (2001). |