Fannie Mae (FNMA)

[clarencebeaks21]

This is a good law review introduction to the modern triple threat of delegation, deference and (unaccountable) agency independence.

He accurately predicted that the major questions doctrine would take a bite out of Chevron - which just happened in WV v EPA this year.

IMO he misses the mark on Humphrey’s Executor —but that’s the only negative remark I had.

Overall just an excellent indictment of the 4th branch.


https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3332672