 That gave far too much power to regulatory agencies such as the Environmental Protection Agency. The Biden administration argued that overturning the Chevron doctrine, which has been in place now for 40 years, would generate a convulsive shock to the legal system. Now we'll find out just what that convulsive shock looks like. CNBC's Eamon Javers. On today's watch list, economic data include construction spending numbers and the Cedar Fair and Six Flags amusement park merger.