Fannie Mae (FNMA)

[Robert from yahoo bd]

Unsurprisingly, the Executive Branch through their Solicitor General believes that Collins stands for the proposition that the MQD does NOT apply to all cases involving major questions of Economic and Political Importance, from their Reply Brief in Biden v Nebraska:

"To the con-
trary, this Court regularly decides challenges to execu-
tive actions of major economic and political significance under the usual rules of statutory interpretation with-
out imposing heightened-specificity requirements. See,
e.g., Biden v. Missouri, 142 S. Ct. 647, 652 (2022) (per
curiam); Collins v. Yellen, 141 S. Ct. 1761, 1776 (2021);
Little Sisters of the Poor, 140 S. Ct. at 2380-2381; De-
partment of Commerce v. New York, 139 S. Ct. 2551,
2571-2572 (2019); Trump v. Hawaii, 138 S. Ct. 2392,
2408 (2018)."

Collins could have argued that the MQD invalidated the NWS but didn't and the Supremes were answering a question about what to do about the POTUS not being able to control one of his Executive Branch Agencies and NOT whether or not the Net Worth Sweep was a violation of the MQD.

What's interesting to note is that the federal government has acknowledged that the NWS IS A QUESTION OF MAJOR ECONOMIC AND POLITICAL SIGNIFICANCE.

The Collins decision NEVER addresses the question as to whether or not the NWS is a decision by an Unelected Bureaucrat to Nationalize the 2 lynchpins of the US Secondary Mortgage Market.

This seems to be a question for the federal judiciary to answer and the MQD was never brought up in any of the lower courts in any litigation that I am aware of.

Since you believe ALL current litigation is fruitless AND that the CONservatorships will last into perpetuity, why not let your local federal district Judge have a crack at it after the current litigation is exhausted?

We've got plenty of time.