Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"In light of that ruling, the Executive Branch repeatedly (and sensibly)
confirmed that it could not extend the moratorium and urged Congress to act instead.
But when the proponents of the moratorium lost in Congress, they mounted a
campaign to pressure the President to take matters into his own hands. While the
Executive Branch held firm for a few days and allowed the moratorium to lapse, it
ultimately caved to the political pressure on August 3, when the CDC announced that
its moratorium would be extended until October 3, 2021. In a remarkable display of
candor, the President acknowledged that “[t]he bulk of the constitutional scholarship”
concluded that this extension was “not likely to pass constitutional muster,” but that
“by the time it gets litigated, it will probably give some additional time while we’re
getting that $45 billion out to people who are, in fact, behind in the rent and don’t
have the money.” The White House, Remarks by President Biden on Fighting the
COVID-19 Pandemic (Aug. 3, 2021), https://bit.ly/3xszwea (August 3 Remarks)."