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Thursday, July 21, 2022 6:45:42 PM
As it pertains to the topic of scotus bs ruling. This is what is said and NOT what is being repeated on social media.
Injunctive relief is prohibited for any FHFA action “within the scope of the Agency’s authority as a conservator,” and
*ALLOWED ONLY IF
“the FHFA DOES NOT exercise
BUT instead
EXCEEDS those powers or functions.” Id. at 1776.*
(Above is a direct quote and not my words)
When looked at the truth behind what actually took place it would then qualify as exceeding those powers or functions. This last line is in my opinion that it exceeded the powers. But it is a strong opinion to say the least.
Thanks for reading.
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