At the end of April, the Obama administration will go before the US Supreme Court to argue that those banks—including bailout recipients Bank of America, Citi, Wells Fargo, and JPMorgan Chase—should be allowed to duck a state investigation into their lending practices. If that sounds like the politics of the past, it is. The Obama administration has opted to maintain the stance of the Bush administration—one opposed by the NAACP and other major civil rights groups. And it won't be some Bush holdover making the arguments in Cuomo v. The Clearing House Association (an industry group whose membership includes the world's largest banks).
Instead, the banks will be defended by the office of Obama's new solicitor general, former Harvard Law School dean Elena Kagan." Article by Stephanie Mencimer in Mother Jones.