Politics & Government

June 29, 2009

Scalia breaks ranks, slams Bush officials on bank regulation

The Supreme Court ruled Monday that a federal bank regulator erred in quashing efforts by New York state to combat the kind of predatory mortgage lending that triggered the nation's financial crisis. Justice Antonin Scalia, the court's most conservative jurist, wrote the majority's opinion and was joined by the court's four liberal judges in the 5-4 decision.

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