Sunday, January 03, 2021 7:46:47 AM
Opinions are typically released on Tuesday and Wednesday mornings and on the third Monday of each "sitting" (January 25th)
So, the first day after the Christmas recess is January 12th.
My view is that the whole conservatorship will be struck. Both the FHFA's director and acting director are illegally constituted directors and acting directors under the Constitution, because both have removal protection (if the Acting Dtr is fired for cause, the President can only choose among the 3 Deputy Dtrs chosen, in turn, by the Acting Dtr). So, their actions have been taken without powers.
The Justicies complained about why drawing a line with the 3rd amendment and with Derivative cases instead of a Takings claim, so they were inclined to blow all up from the beginning.
My view is that the FHFA and the Treasury will act beforehand.
So, the first day after the Christmas recess is January 12th.
My view is that the whole conservatorship will be struck. Both the FHFA's director and acting director are illegally constituted directors and acting directors under the Constitution, because both have removal protection (if the Acting Dtr is fired for cause, the President can only choose among the 3 Deputy Dtrs chosen, in turn, by the Acting Dtr). So, their actions have been taken without powers.
The Justicies complained about why drawing a line with the 3rd amendment and with Derivative cases instead of a Takings claim, so they were inclined to blow all up from the beginning.
My view is that the FHFA and the Treasury will act beforehand.
Recent FNMA News
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