Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Clarence or anyone: Yesterday the 2d federal Circuit 3 Judge Appealate Panel Decision in the CFPB v Moroney case said that the CFPB appropriations was Constitutional because:

(1) there is no Supreme Court precedent that the funding structure is an Unconstitutional Violation of the Seperation of Powers and

(2) that the Constitution puts no time limit on annual appropriations (except 2 years for Defense) and therefore it sees no problem with the annual appropriations into perpetuity.

What do you think of the strength of those arguments?

It's a light read at only 24 pages and they cover the different approaches that different federal Circuits have used to interpret the Collins remedy:

https://www.ca2.uscourts.gov/decisions/isysquery/6309cda3-e772-4530-ba8f-ff2feb9ca7a6/3/doc/20-3471_opn.pdf#xml=https://www.ca2.uscourts.gov/decisions/isysquery/6309cda3-e772-4530-ba8f-ff2feb9ca7a6/3/hilite/