{"argument_date":"2003-04-30T00:00:00Z","arguments":[{"argument_date":"2003-04-30T00:00:00Z","heading":"What happened at the argument","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2002","official_transcript_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","paragraphs":["Seth Waxman argued the complaint alleges a national bank charged excessive interest.","Mr. Roberts asserted the National Bank Act provides the exclusive cause of action.","Mr. Clark argued federal removal jurisdiction is limited by statute to federal cases."],"reargument":false,"sequence":1,"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 5-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 49, lines 49-1","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 49, lines 49-1"}]}],"caption":"Beneficial Nat. Bank v. Anderson","case_history":[{"changed_at":"2026-08-29T20:06:31.174798Z","explanation":"An official oral-argument transcript was verified.","status":"argued"}],"case_status":"argued","dek":"A borrower argues state law allows a usury claim. The bank argues federal law provides the only remedy.","dek_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}],"dispositions":[],"latest_court_document_date":"2003-04-30T00:00:00Z","maturity":"official_transcript","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2002","official_disposition_urls":[],"official_docket_url":"https://www.supremecourt.gov/docket/docketfiles/html/public/02-306.html","primary_docket":"02-306","revisions":[{"correction_note":"Rewritten to the concise citizen-facing editorial standard.","created_at":"2026-08-31T16:14:33.906487Z","maturity":"official_transcript","revision_number":1},{"correction_note":"Migrated to the dated official Court activity contract without model use.","created_at":"2026-09-05T03:22:24Z","maturity":"official_transcript","revision_number":2}],"schema_version":"1.1","sections":[{"heading":"What this case is about","paragraphs":["The dispute centers on whether federal law preempts state usury claims against national banks."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}]},{"heading":"How the case got here","paragraphs":["The Supreme Court heard oral argument in this case on April 30, 2003."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 5-15"}]},{"heading":"What each side wants","paragraphs":["The bank wants the Court to confirm federal law provides the exclusive remedy.","The borrower wants the Court to allow the state-law usury claim to proceed."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}]},{"heading":"What each side says","paragraphs":["The bank argues the National Bank Act has exclusively governed usury for over 125 years.","The borrower argues federal removal jurisdiction is limited to federal law cases."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}]},{"heading":"What the justices asked","paragraphs":["Chief Justice Rehnquist asked the advocate to clarify the how the case got here of the case."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 49, lines 49-1","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 49, lines 49-1"}]},{"heading":"Why it matters","paragraphs":["This case determines whether borrowers can sue national banks under state usury laws. It defines the scope of federal preemption in banking disputes. It affects the legal remedies available to consumers nationwide."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}]},{"heading":"What happens next","paragraphs":["This article currently covers the argument record. Use the official docket link for later case activity."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 5-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 49, lines 49-1","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 49, lines 49-1"}]}],"slug":"2002-02-306-beneficial-nat-bank-v-anderson","term":"2002","title":"Does the National Bank Act bar state-law usury claims against national banks?","title_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 17, lines 11-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 17, lines 11-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 28, lines 9-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 28, lines 9-31"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-31","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2002/02-306.pdf","page_label":"file page 3, lines 17-31"}],"topics":[],"undated_disposition_date_fallback":null,"updated_at":"2026-09-05T03:22:24Z"}