” ... it doesn’t matter if Biden ignores it or not because the companies that were supposedly subject to the regulations will. “
Maybe. Depends on the resources available to a target company. The Biden administration has lots of lawyers and unlimited funds. They also have access to other resources like the IRS.
What the administration will do is draft slightly different regulations and implement those. But they'll still have to go through the required notice and comment. Before they are affected, and even then would be struck down if they were essentially the same thing.
What the administration will do is draft slightly different regulations and implement those. But they'll still have to go through the required notice and comment. Before they are affected, and even then would be struck down if they were essentially the same thing.