Fannie Mae-No Politics (FNMA)

[bcde]

rekcusdo,

This is my layman understanding.

Congress is the sole authority on all money matters. It specifically authorizes on how taxes and fess are collected, debts are raised and how the money is spent. But administration implements laws through rules and regulations and executive orders.

Congress did not authorize NWS and congress did not authorize funds for ACA subsidy. Congress delegated broad powers to FHFA through HERA without any guidelines on exercise of such delegated powers. This constitutes unconstitutional delegation of congressional responsibility/authority. So NWS should be void if challenged correctly.

Congress challenged ACA subsidy spending and won in District court and now it is on appeal by the previous administration.

Even though money collected through various sources goes to single general account, money can only be spent as per congressional appropriation bill. If congress did not allocate money for ACA subsidy then the question is where did the money come from.