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Tuesday, February 07, 2023 1:19:29 PM
The power of the federal purse belongs to the US Congress NOT the POTUS.
Also, the US Congress is to decide National Economic and Political Questions not the federal agencies under control of the Executive Branch.
Here, FHFA Director DeMarco may have violated the Major Questions Doctrine by implementing the NWS and Nationalizing the 2 lynchpins of the US Secondary Mortgage Market and the NWS would then need to be invalidated as an Unconstitutional Agency Action.
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