House Energy and Commerce Committee

Energy, Climate, and Grid Security Subcommittee

The Fiscal Year 2025 Federal Energy Regulatory Commission Budget

2123 Rayburn
Wed, 24 Jul 2024 14:00:00 GMT

On Wednesday, July 24, 2024, at 10:00 a.m. (ET) in 2123 Rayburn House Office Building, the Subcommittee on Energy, Climate, and Grid Security will hold a hearing. The title of the hearing is “The Fiscal Year 2025 Federal Energy Regulatory Commission Budget.” The hearing will examine the work of the Federal Energy Regulatory Commission (FERC) to ensure affordable, reliable electricity and natural gas service throughout the country, as well as its adherence to its core mission of ensuring just and reasonable rates for energy services.

Hearing memo

Witnesses:
  • Willie L. Phillips, Chairman
  • Mark C. Christie, Commissioner
  • David Rosner, Commissioner
  • Lindsay S. See, Commissioner
  • Judy W. Chang, Commissioner

Recent Supreme Court decisions in Loper Bright Enterprises v. Raimondo and Securities and Exchange Commission v. Jarkesy are likely to impact FERC. Loper overruled the 1984 Supreme Court case Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., which held that if a court concluded a federal statute was silent or ambiguous, the court must defer to an agency’s reasonable interpretation of the statute. Jarkesy affirmed the Fifth Circuit’s ruling that the Seventh Amendment right to a trial by jury “applies to suits at common law,” which includes statutory claims that are “legal in nature.” The Jarkesy decision is likely to impact the ability of federal agencies to pursue administrative adjudication to enforce civil penalties.