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Re: obiterdictum post# 363037

Tuesday, 11/22/2016 8:03:30 AM

Tuesday, November 22, 2016 8:03:30 AM

Post# of 802779
There was a timeline on the omnibus bill. It said they couldn't be sold for a certain period. I want to say 2 years from the passing of the bill. I will have to research.

However, the court could invalidate the warrants without congressional approval. The bill only states the Treasury/FHFA/conservator could not sell the warrants.

Plus, any action by Congress could always be overturned in the courts. That is part of the checks and balances.