Fannie Mae (FNMA)

[Robert from yahoo bd]

The US Supreme Court appears to be moving away from the Chevron Doctrine (which was more permissive of federal agency interpretations of its powers granted from Congress) to the more federal agency constrained Major Questions Doctrine which indicates federal agencies powers do not include Major Questions of National and Economic Policy (which belongs to our ELECTED officials in Congress).

The current Petition for a Writ of Certerrori at the USSCT, may answer a preliminary question, and that is, was the NWS a Nationalization of the GSES (2 lynchpins of the Secondary Mortgage Market) or was it simply a return on the UST'S 'investment'?