Fannie Mae-No Politics (FNMA)

[Mnemonic]

While I try to steer clear of conspiracy theories, it does seem that SCOTUS lasered in on the "or the Agency" language, ignored the fact that the FDIC also has this language, ignored that the subsection was labeled incidental powers, and performed some serious mental gymnastics to say that the Agency's best interests are those of the general public, thereby justifying the transfer of money to the US Treasury, whose interest is clearly being served moreso than FHFA.

I would have been happier if they just said "we don't want to fucking deal with it, just pursue the Takings claim." At least it would have been honest, instead of a blatant manufacturing of a ruling which gives every conservator in the future the right to take over and loot companies.