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Speaker 1: Well, now it's time for our daily Bloomberg Law Brief,

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Speaker 1: exploring legal issues in the news and Today Bloomberg lahst

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Speaker 1: dun Grasso discusses reports that the Trump administration is planning

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Speaker 1: to investigate anti white bias in US college admissions. She

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Speaker 1: speaks with Casey Johnson, a professor at Brooklyn College. Casey,

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Speaker 1: let's start with the Supreme Courts position on affirmative action.

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Speaker 1: What is it? The Court has said that, under limited circumstances,

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Speaker 1: colleges and universities can use race in the admissions process.

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Speaker 1: They can't use it as a quota, they can't have

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Speaker 1: a large numerical scale, but in what universities often call

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Speaker 1: a holistic environment, which is that race can be used

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Speaker 1: as one of a number of factors to tip up

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Speaker 1: at applicants uh candidacy in the admissions process. There have

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Speaker 1: been three decisions, one in eight one in two thousand three,

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Speaker 1: the most recent this Fisher decision out of the University

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Speaker 1: of Texas. So there's some limitations on universities can do,

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Speaker 1: but they they are allowed to use race in the

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Speaker 1: in the process. So what do you envision this investigation

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Speaker 1: will entail. One of the questions, the question of of

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Speaker 1: affirmative action and higher education has been something that divided

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Speaker 1: liberals and conservatives for forty years. This is why it's

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Speaker 1: constantly gone back to the court. The conservative argument is

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Speaker 1: that despite these decisions from the Supreme Court saying you

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Speaker 1: can't use quotas, that effectively what elite universities have done

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Speaker 1: is to use quotas. If you look at the percentage

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Speaker 1: of students African American or Hispanic students at Harvard or Yale,

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Speaker 1: it's roughly the same percentage every year. So the argument

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Speaker 1: that I think is behind the Attorney General's claim here

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Speaker 1: is that if the government can get inside these university

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Speaker 1: admissions offices, what they will discover, and again there's no

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Speaker 1: hard evidence of that, um, what they'll discover is that

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Speaker 1: universities are going beyond the limitations that the Supreme Court

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Speaker 1: has said in tipping up the scales for for Africa,

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Speaker 1: mostly African American and Hispanic applicants. That's Casey Johnson, a

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Speaker 1: professor at Brooklyn College, speaking with Bloomberg Law host Jing Grosso.

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Speaker 1: You can listen at Bloomberg Law weekdays at one pm

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Speaker 1: all street time here on Bloomberg Radio Now. Among top

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Speaker 1: legal stories from Bloomberg Law. A jury in Brooklyn today

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Speaker 1: begins four days of deliberations in the Martin schu Kelley

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Speaker 1: fraud case. Kelly is accused of taking money from investors

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Speaker 1: in his hedge funds and using it to start his

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Speaker 1: drug company, Retrofin. He could get up to twenty years

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Speaker 1: in prison if he's convicted. A leverage alone that proved

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Speaker 1: to be toxic for investors is coming back to haunt

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Speaker 1: JP Morgan Chase, the trustee handling claims for former lenders

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Speaker 1: to Millennium Health, is suing JP Morgan in three other

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Speaker 1: firms involved in the loan. The suit claims the bank's

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Speaker 1: failed to tell investors about an investigation into what was

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Speaker 1: called Millenniums flagrantly illegal billing practices. JP Morgan says it

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Speaker 1: acted appropriately, and that's this morning's Bloomberg Law Brief. You

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Speaker 1: can find more legal news at Bloomberg Law dot com

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Speaker 1: and Bloomberg Bienna dot com. Attorneys will find exceptional legal

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Speaker 1: research and business development tools there as well. Visit Bloomberg

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Speaker 1: Law dot com and Bloomberg Bena dot com for more

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Speaker 1: information