Fannie Mae (FNMA)

[bcde]

"Every time Thompson opens her mouth, she exposes her lack of GSE knowledge."

DCBill,

Is it legal or constitutional to ignore congressional laws and constitution and say "We defer to Congress"?

Is it legal for executive agencies to ask congress to make executive decisions under constitutional separation of powers principle and ignore constitutional and congressionally mandated duties?

Where is the end to this lawlessness?

Some one needs to ask SCOTUS to rule on these questions?