Supreme Court hears arguments over states’ right to investigate national banks

WASHINGTON — New York officials on Tuesday asked the Supreme Court to let states enforce their anti-discrimination laws against national banks, despite arguments from the federal government that it is the only entity that can regulate those financial institutions.

Supreme Court to hear arguments over states’ right to investigate banks

WASHINGTON — States are arguing that they should be able to investigate banks for racial discrimination in lending, despite claims from the federal government that such financial oversight is its exclusive domain.