Thursday, December 03, 2020 11:22:08 AM
you are absolutely right: my presentation was superficial and imprecise. It is in fact uncertain how long Calabria will actually remain in office and indeed depends on the factors you have described.
But the point I was trying to make has become clear, I think: the Supreme Court can rule on the constitutionality of the structure of the FHFA, even if Collins would withdraw his case or there would be a settlement, if the judges think that the question presented should be an important question of principle.
Calabria's job is not secure at this time, no matter what he, Collins or the Treasury Department do. I take this from Epstein's words.
GLTY
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