Monday, June 29, 2020 9:55:35 PM
All these independent agencies are fundamentally based on the naive (or more appropriately devious) principle of avoidance of political influence from Congress as well as Executive branch. But the main reason for independent agencies, is to weaken the authority of POTUS .
Can an agency headed by single Director removable at will by POTUS be independent? Can FHFA conservatorship still continue as a agency under the protection of 4617(f)?
HERA and Dodd–Frank Consumer Protection Act are fundamentally different because CFPB acts only as a regulator and never as a conservator. Only similarity is, headed by single director.
HERA is completely sinister and unconstitutional. HERA violates constitutional principles of separation of powers, and checks and balances.
HERA vests executive, legislative, and judicial powers in a single FHFA director with no accountability. HERA allows FHFA to violate laws and also provides immunity to others to violate laws.
The best option for SCOTUS is to scrap both HERA and FHFA.
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