Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

See that's the thing, its known as the Nondelegation Doctrine in the courts. The courts are trying to draw the lines as to what power the Legislative Branch (i.e., US Congress) can send over to the Executive Branch (i.e., a federal agency). The CFPB (and FHFA) enabling statute, the Dodd Frank Act was passed by the 2010 Congress and it (Unconstitutionally?) binds all future US Congresses from reigning in the CFPB via the Appropriations Oversight Process.

The government says that's perfectly okay, mainly because the US Congress can pass a law to change it back. But NOW, Congress CAN'T do that without a 2/3rds Majority if the Executive Branch (i.e., POTUS) VETEOS Congress.

We are still only a roughly 250 year old Republic and these types of issues are still being figured out.

The Potential for Plaintiff Shareholders is WIN/WIN in my mind, a better less tyrannical Executive Branch by bringing the US Congress Appropriations Oversight Process back to having some teeth and a potential invalidation of a federal agency overreach known as the Net Worth Sweep.