Speaker 1: Well, now it's time for our daily Bloomberg Law Brief,
Speaker 1: exploring legal issues in the news and Today Bloomberg lahst
Speaker 1: dun Grasso discusses reports that the Trump administration is planning
Speaker 1: to investigate anti white bias in US college admissions. She
Speaker 1: speaks with Casey Johnson, a professor at Brooklyn College. Casey,
Speaker 1: let's start with the Supreme Courts position on affirmative action.
Speaker 1: What is it? The Court has said that, under limited circumstances,
Speaker 1: colleges and universities can use race in the admissions process.
Speaker 1: They can't use it as a quota, they can't have
Speaker 1: a large numerical scale, but in what universities often call
Speaker 1: a holistic environment, which is that race can be used
Speaker 1: as one of a number of factors to tip up
Speaker 1: at applicants uh candidacy in the admissions process. There have
Speaker 1: been three decisions, one in eight one in two thousand three,
Speaker 1: the most recent this Fisher decision out of the University
Speaker 1: of Texas. So there's some limitations on universities can do,
Speaker 1: but they they are allowed to use race in the
Speaker 1: in the process. So what do you envision this investigation
Speaker 1: will entail. One of the questions, the question of of
Speaker 1: affirmative action and higher education has been something that divided
Speaker 1: liberals and conservatives for forty years. This is why it's
Speaker 1: constantly gone back to the court. The conservative argument is
Speaker 1: that despite these decisions from the Supreme Court saying you
Speaker 1: can't use quotas, that effectively what elite universities have done
Speaker 1: is to use quotas. If you look at the percentage
Speaker 1: of students African American or Hispanic students at Harvard or Yale,
Speaker 1: it's roughly the same percentage every year. So the argument
Speaker 1: that I think is behind the Attorney General's claim here
Speaker 1: is that if the government can get inside these university
Speaker 1: admissions offices, what they will discover, and again there's no
Speaker 1: hard evidence of that, um, what they'll discover is that
Speaker 1: universities are going beyond the limitations that the Supreme Court
Speaker 1: has said in tipping up the scales for for Africa,
Speaker 1: mostly African American and Hispanic applicants. That's Casey Johnson, a
Speaker 1: professor at Brooklyn College, speaking with Bloomberg Law host Jing Grosso.
Speaker 1: You can listen at Bloomberg Law weekdays at one pm
Speaker 1: all street time here on Bloomberg Radio Now. Among top
Speaker 1: legal stories from Bloomberg Law. A jury in Brooklyn today
Speaker 1: begins four days of deliberations in the Martin schu Kelley
Speaker 1: fraud case. Kelly is accused of taking money from investors
Speaker 1: in his hedge funds and using it to start his
Speaker 1: drug company, Retrofin. He could get up to twenty years
Speaker 1: in prison if he's convicted. A leverage alone that proved
Speaker 1: to be toxic for investors is coming back to haunt
Speaker 1: JP Morgan Chase, the trustee handling claims for former lenders
Speaker 1: to Millennium Health, is suing JP Morgan in three other
Speaker 1: firms involved in the loan. The suit claims the bank's
Speaker 1: failed to tell investors about an investigation into what was
Speaker 1: called Millenniums flagrantly illegal billing practices. JP Morgan says it
Speaker 1: acted appropriately, and that's this morning's Bloomberg Law Brief. You
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