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Tuesday, February 14, 2023 5:16:51 PM
Just like the CFPB Director was Unconstitutionally Insulated in the Dodd Frank Act, in Seila Law, decided the year before Collins.
So the court ruled in Collins that ONLY POTUS nominated and Senate confirmed FHFA Directors COULD have caused harm to the Plaintiff Shareholders and only under certain circumstances.
That's what they are litigating now in Collins and the trial Judge isn't even having a trial on the issue despite the instructions from the SCOTUS, as he recently ruled.
The Collins Plaintiffs are appealing that ruling to the Appealate Court.
Right now the original unconstitutionally insulated FHFA Director issue is being appealed as well as an added Constitutional Violation, known as an allegedly Appropriations Bypass Oversight Process.
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