MSCI Applauds Sixth Circuit’s Decision To Halt EPA Water Rule
Last Friday, the U.S. Court of Appeals for the 6th Circuit put a nationwide hold on the U.S. Environmental Protection Agency’s (EPA) Waters of the United States (WOTUS) rule. (As Connecting the Dots reported previously, the rule had already been put on hold in 13 states.)
The current stay will remain in effect until the courts can decide which venue is the right one to hear the multiple legal challenges to this rule.
According to The Wall Street Journal, the 6th Circuit said “a stay temporarily silences the whirlwind of confusion that springs from uncertainty about the requirements of the new rule and whether they will survive legal testing.” The Journal also said that, while Friday’s decision “did not resolve the legal merits of the regulation,” the court also found “the challengers had demonstrated ‘a substantial possibility of success’ in winning” their challenge to the rule.
MSCI opposed the WOTUS rule and strongly supports legal challenges to it.