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Monday, February 06, 2023 4:42:06 PM
committed to selling Treasury’s stake in the Companies and ending the
conservatorships, Director Watt’s unconstitutionally protected tenure did nothing
but cost the Administration critical time—two full years—in pursuing those goals.”
"Taking these factual allegations together, Plaintiffs have clearly stated a claim
for relief. Plaintiffs plausibly allege—indeed, with ample support that goes beyond Plaintiffs’ burden at this motion to dismiss stage—that the Trump Administration:
(1) intended to take the Companies out of conservatorship and privatize the
Companies; (2) took several key steps to achieving those goals; and (3) was unable
to achieve those goals because of the two years lost to the unconstitutional removal
restriction."
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