Block on Trump's Asylum Ban Upheld by Supreme Court
In a petition for review of an Office of Thrift Supervision (OTS) regulation allowing subsidiaries of mutual holding companies to limit their minority shareholders to 10% of the subsidiary's total minority stock, the petition is denied, where OTS has discretion to balance the power of majority and minority shareholders in order to achieve its regulatory objectives.
Argued April 23, 2009
Decided July 7, 2009
Opinion by Judge Kavanaugh
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