Fannie Mae-No Politics (FNMA)

[Here I am]

The FHFA couldn't have done the same 24hours later (strike an anti-takeover measure in FMCC's bylaws, the Control Share Acquisitions statute)

That is because under HERA, which became operative 24 hours later, FHFA could have done the very same thing under succession rights and met the conditions for a shareholder voting approval.

The FHFA could have voted, but it's not authorized by its Powers and Incidental Powers. It doesn't put FnF in a sound and solvent condition and it's not in the best interests of the enterprises and the FHFA (acting as conservator).
This is why having this theme denounced in the S.E.C. is very important for the shareholders. The Government can't exercise its warrant, a warrant that doesn't have voting rights. It doesn't affect the holders of JPS because they aren't FnF shareholders.