Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Think about, the FHFA was set up by HERA to MAKE THE AGENCY INDEPENDENT AND IMMUNE FROM CONTROL BY OUR ELECTED POTUS AS WELL AS OUR ELECTED REPS IN CONGRESS BY BYPASSING THE CONGRESSIONAL APPROPRIATIONS POWER.

Here, David Thompson talks about the ELECTED head of the Executive Branch being powerless to control the FHFA.

"More significantly, the constitutional problem is that the
President of the United States wanted to return the Companies to private control in
a particular way that required FHFA’s cooperation and would have benefited
Plaintiffs. Under our constitutional structure, the President was entitled to pursue
that policy rather than being put to the choice of either sitting idly by until Director
Watt’s term ended or attempting to address the situation through whatever second-
best alternatives he could carry out through Treasury acting alone.

The President had a policy he intended to implement; but as the President
himself has made clear, the removal restriction prevented him from implementing
that policy during his administration. The restriction thus violated the Constitution
and harmed Plaintiffs. Even under Justice Kagan’s opinion, that entitles Plaintiffs to
a remedy, for Justice Kagan “agree[d] that plaintiffs alleging a removal violation are
entitled to injunctive relief . . . when the President’s inability to fire an agency head
affected the complained-of decision.” Id. at 1801.