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ano

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Alias Born 10/08/2015

ano

Re: FFFacts post# 704270

Thursday, 12/16/2021 6:40:57 PM

Thursday, December 16, 2021 6:40:57 PM

Post# of 793159
I understand that thought but the FHFA does not have quasi-judicial and legislative powers, it has the whole deal, it has judicial power and legislative powers as the agency is not within another agency (like CFPB), it is a standalone agency with uncontrolled powers, this agency powers can only be controlled by 1 branch if it is headed by a single director (it can have these powers if it is headed by a board of governors)but this one branch, "the president" cannot have other branches power, this is how the founding fathers envisioned the constitution, the fiduciary duty the president thus has, is to every other as the president himself(as he is chosen by the people), the president can only administer the law and that is about it, as the SCOTUS said "even a modest restriction of the separation of powers is unconstitutional" so as the president is now the head of the FHFA, it could not have entered into a never-ending deal, it is not beneficial to the company or its shareholders, so it was self-dealing as he is the head of both the treasury and the FHFA now