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Harvard university wins race discrimination case

A US judge on Tuesday ruled that Harvard is right to consider race when admitting students, rejecting claims that the prestigious university discriminates against Asian-American applicants.
A lawsuit, backed by President Donald Trump's administration, had challenged Harvard's use of race in determining admissions, part of a decades-old push to boost minority enrolments at America's oldest university.
Federal Judge Allison Dale Burroughs said in a long-awaited decision that while Harvard's admissions process is not perfect, it was right, for now, to factor in race to form a diverse student body.
"The rich diversity at Harvard and other colleges and universities and the benefits that flow from that diversity will foster the tolerance, acceptance and understanding that will ultimately make race-conscious admissions obsolete," she said.
The case was filed in 2014 by Students for Fair Admissions, a group led by conservative white activist Edward Blum, who previously attacked the affirmative action policies at the University of Texas.
The US Supreme Court ruled against him in 2016, upholding the university's admissions policy.
Lawyers for the plaintiffs argued that Harvard had used personality criteria to favor black, Hispanic and white applicants over Asian students with similar grades.
The plaintiffs had argued that if admissions were based just on grades then more Asian students would be admitted.
Harvard denied discriminating against Asians but defended its use of broader selection criteria than academic excellence, such as personality, when considering who to admit.
- A 'fine' program -
It says race is just one of many factors taken into account during the admissions process.
"The court will not dismantle a very fine admissions program that passes constitutional muster, solely because it could do better," Burroughs said in her decision.
The university noted during the three-week non-jury civil trial last October that its proportion of students of Asian origin has increased substantially since 2010.
Harvard's lawyer, William Lee, said Tuesday's ruling represented "a significant victory" for all schools and students.
"Now is not the time to turn back the clock on diversity and opportunity," he said in a statement posted on Harvard's website.
A group representing Asian Americans also welcomed it.
"Today's decision is a critical victory for Asian American students, who benefit from affirmative action and support race-conscious admissions policies," said Aarti Kohli of Asian Americans Advancing Justice.
Blum said he would appeal the decision at a state appeals court and then go to the Supreme Court if necessary.
"Students for Fair Admissions is disappointed that the court has upheld Harvard's discriminatory admissions policies," he said in a statement.
Trump's administration backed the suit, asserting that Harvard engages in "racial balancing" that limits numbers of students of Asian origin to create space for people of other racial groups.
AFP
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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