Thursday, May 12, 2022 5:50:57 PM
That's not the point here. What matters is that the Supreme Court made one tiny change to HERA, letting the President remove the FHFA director at will instead of needing "cause", and said that HERA is now fixed and is still an independent agency. Again, "independent" does not necessarily mean what some of us think it does.
Link to the Supreme Court Collins opinion
See 1(a) on page 2:
That means the NWS was okay because FHFA is allowed to take actions that are in the best interests of "the public it serves", even when those actions are not in the best interests of the "regulated entity".
(This also proves that "the public it serves" is specifically not FnF, contrary to a common nonsense argument I've seen.)
The NWS only benefited Treasury, for no consideration in return. That sure seems like self-dealing to me, and the Supreme Court said the NWS was fine.
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM