Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"The founders knew that money, and who controls it, is
fundamentally important in a democratic government. They were
adamant that Congress control the power of the purse since it
can act as a critical check on the president, and because of
the House's biannual elections for Members, it is the branch
most accountable to the people."

"But despite Congress' commitment to fulfilling its role,
its ability to follow through and conduct oversight of
executive spending has been increasingly challenged over time
as presidents and agencies have sought to claim more control
over spending. They have circumvented the law, ignored the law,
and even broken the law, often without repercussions."

https://www.congress.gov/event/116th-congress/house-event/LC65552/text?s=1&r=7

Clarence, you may or may not enjoy this piece from Georgetown Law Professor Adam Levitin on the SVB issue:

https://www.creditslips.org/creditslips/2023/03/the-death-of-dodd-frank-banking-laws-dobbs-moment.html

He gave an outstanding written brief and oral testimony in the Senate Banking Committee called, “Housing Finance Reform: Should There Be a Government Guarantee?”
on September 13, 2011 10:00 am, when Congress was trying to decide what to do with the GSES.