Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Thanks Brooge, the remedy in BOTH Seila Law and yesterdays case was simply to remand and give the Acting Directors the opportunity to ratify the subpoena and judges decision, respectively. As ROLG pointed out earlier today, the reason David Thompson petitioned the SCOTUS was to get RETROSPECTIVE RELIEF which could be a win if MC doesn't ratify the nws.

But how does a federal agency director ratify an ultra vires act such as the nws? I don't think he can and under the APA Claim, Collins could be remanded back to the 5th after the SCOTUS finds that the ultra vires act or nws is void.

We will know in a little while...