Fannie Mae-No Politics (FNMA)

[bcde]

"Treasury has control over FnF being released due to the terms of the SPSPAs, but according to Judge Sweeney, this does not make them a controlling shareholders or party. Therefore Treasury does not have a fiduciary duty to shareholders."

Already some courts have ruled that FHFA conservator is a Gov actor, putting FHFA conservator and UST together them as US Gov. So this basically puts US Gov as controlling party.

Basically controlling parties have fiduciary responsibilities to non controlling shareholders.