U.S. Supreme Court
Apr. 30, 2009
Before Supreme Court, States v. Feds Over Bank Regulation
With the nation still reeling from the recent turmoil in the economy, the U.S. Supreme Court wrestled Tuesday with the question of whether states can regulate federally-chartered national banks.
Daily Journal Staff Writer WASHINGTON - With the nation still reeling from the ongoing recession, the U.S. Supreme Court wrestled Tuesday with the topical issue of whether states can regulate federally chartered national banks. The case pits Andrew Cuomo, the Democratic attorney general of New York, against the Office of Comptroller of the Currency, or the OCC, the federal agency that regulates national banks, Cuomo v. Cleari...
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