Okay this answer is hugely reduced but in honoring the ELI5 format,
Chevron essentially made it so that courts deferred to gov’t agencies when they created regulations.
The overturning of Chevron means that courts no longer *must* defer by default to the gov’t agencies when they create regulations. They still can. In fact many still likely will in order to facilitate moving suits through the system. However, now some courts may determine that a regulation is unconstitutional when they review it.
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